Trouble for BTC in China? | Bitcointalksearch.org

BitPirate

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Quote from: ?? on ??

I was in China a few weeks ago, In my hotel I could get Bitcoin news, but on other networks it wasn't available.
And www.btcchina.com was not available.

That's because btcchina gets DDOSed and moves behind cloudflare, which can be patchy from some networks.

It doesn't appear to be blocked.

lebing

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Quote from: Ultraviolet on May 23, 2013, 12:11:19 PM

Hi Ben,

We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.

It's the same caution we saw here from the EFF (and others) just because the government. Issuing a positive media piece from the state controlled media mouthpiece is not the same as issuing a statement of its legality.

ronaldlee0917

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Quote from: johnyj on May 24, 2013, 07:39:56 AM

I wonder if one day, the government decided to give pressure to ISP, maybe it will affect most of the bitcoin traffic negatively, anyway the internet itself is firmly controlled by ISPs

And the ISPs in China are firmly controlled by the government.

johnyj

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I wonder if one day, the government decided to give pressure to ISP, maybe it will affect most of the bitcoin traffic negatively, anyway the internet itself is firmly controlled by ISPs

hl5460

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Quote from: lysr on May 23, 2013, 02:18:23 PM

It said this days earlier - it takes years for Bitcoin to nurture, but only a day to be completely banned in China

Now, once it got banned it will get really popular there. Wink

+1 I just wondered whether BTC could be banned since it's decentralized or p2p, like bittorrent.

naphto

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Seems strange.

BitPirate

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This is not how blocking/censorship in China works.

China Telecom and their peers never issue lists or warnings to sites. There is never any official list. You just find yourself blocked one day.

The decisions are taken behind closed doors, applied through peer pressure, and there is no recourse. The carriers certainly don't contact service providers and give them a heads-up.

So the message from Twilio is very strange. All China exchanges are still up and running.

I suspect this is either:
a) a regulatory authority outside china applying pressure; or
b) a competitor to an exchange trying to gain an unfair advantage.

Furthermore, assume for a second that blocking wasn't an opaque black box: Why would an authority contact a foreign-owned SMS provider rather than exchanges themselves? Or the payment providers? Nothing about it makes sense.

ronaldlee0917

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Quote from: Seal on May 24, 2013, 12:44:20 AM

Is it possible for china to block all bitcoin traffic?

They only need to shutdown the exchanges in China and block internet access to all major Bitcoin exchanges overseas which should be a very easy task to accomplished. But their people would certainly find some ways to workaround that...

fitty

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Quote from: Seal on May 24, 2013, 12:44:20 AM

Is it possible for china to block all bitcoin traffic?

They could make it harder. Block every BTC site, possibly the client. But of course there are always ways around it. If they went all out it would hurt adoption no question.

Seal

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Is it possible for china to block all bitcoin traffic?

RodeoX

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The revolution will be monetized!

If China wants to outlaw BTC, then bully for the west. It will be the future of money and any country that drags it's feet will be falling behind. They have banned much of the content on the internet and it has left them on the wrong side of the technological divide already.

I think mainstream adoption is inevitable now. There will only be haves and have nots going forth.

wonkytonky

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Quote from: ?? on ??

Quote from: lysr on May 23, 2013, 02:18:23 PM

It said this days earlier - it takes years for Bitcoin to nurture, but only a day to be completely banned in China

Now, once it got banned it will get really popular there. Wink

agree thats how it works in china lol

lysr

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It said this days earlier - it takes years for Bitcoin to nurture, but only a day to be completely banned in China

Ultraviolet

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Quote from: MAbtc on May 23, 2013, 12:25:59 PM

Any evidence that China Telecom (or whoever is pertinent) has actually taken such a position?

The quoted e-mail from Twilio was posted by piuk from blockchain.info after he received it from them. I would assume Twilio has little to gain from lying about China Telecom requiring them to clamp down on Bitcoin.

MAbtc

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Any evidence that China Telecom (or whoever is pertinent) has actually taken such a position?

Ultraviolet

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Quote

Hi Ben,

We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.

As the provider of the phone number, Twilio is responsible for assuring the carriers that no more traffic related to bitcoin will be sent to China. Therefore, I have removed your international SMS permission to China. Please do not turn this on or try sending SMS messages to mobile numbers in China. Doing so will very likely lead to immediate account suspension.

Again I'm sorry for the convenience. Please let me know if you have any additional questions.
Thanks,
Twilio Customer Support

Source: https://bitcointalksearch.org/topic/m.2243603

Should bring some caution to people who are bullish because of CCP Propaganda Ministry rhetoric. Should bring greater caution to everyone who has a super hardon for Asic Miner shares, since they can get wiped out by the CCP in one day just like anyone else can.

Topic: Trouble for BTC in China? (Read 2816 times)