They can't kill bitcoin,
and you have to understand the economics.
Money WANTS to LEAVE China. The Chinese government doesn't want this. Sadly for them, with todays technology like bitcoin, they can't stop it, they can only slow it (and if theyre not careful the extra attention can make it happen faster)
Topic: Poll: Fate of bitcoins in China - page 2. (Read 2820 times)
Next step is banning cash withdrawals from exchanges. Remember the Dec. 5 press release barred financial institutions from involvement in Bitcoins. They have already stopped cash deposits on exchanges. Soon, a cash withdrawal deadline will be announced. IMHO
Slight poll edit, feel free to change your vote.
They effectively banned it. I glad china drove us so high but we can now forget about china.
I think they will continue to be treated as commodities.
The Chinese govt will either ban Btc outright soon or lose the war.
What will happen next?
What will happen next?
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