It always amazed me how double the standard is. For example, China is the largest mining center for Bitcoin, but at the same time they want to prohibit the use of cryptocurrency via Wechat. Isn't that weird?
This is all due to the combination of traditional views on life and the desire to be ahead of other countries in modern technology. I don’t know how their restrictions actually work, but there is a chance that more users from there will start using other social networks, telegram maybe, and not just Wechat, which is still the most popular there.
Topic: WeChat and Crypto - page 4. (Read 943 times)
Yes, that's surely going to be a negative impact on their reputation. Not just WeChat even WhatsApp and Facebook made the same decision maybe they just follow their Footpath. It's quite possible that we do not want any kind of debate on controversial topics to be added to the platform. Let us see if they change their decision in the upcoming future or else they are going to miss a lot of opportunities for the platform to develop. You can simply just open anything related to cryptocurrency and make money out there.
when many large industries accept crypto, such as Facebook, Twitter, Samaung, Whatsapp. but other applications like WeChat choose to ban users from crypto trading. I see WeChat's decision will have a negative impact on the value of their quantity. because the world today is very enthusiastic about the crypto world.you can see this source https://www.coindesk.com/messaging-giant-wechat-bans-merchant-users-from-crypto-trading
Though Facebook, Twitter are working for their own coins, they are still aggressively blocking other crypto tradings.
We chat, being a Chinese company is more aggressive when it comes to watching over and censoring it's users.
It always amazed me how double the standard is. For example, China is the largest mining center for Bitcoin, but at the same time they want to prohibit the use of cryptocurrency via Wechat. Isn't that weird?
This is all due to the combination of traditional views on life and the desire to be ahead of other countries in modern technology. I don’t know how their restrictions actually work, but there is a chance that more users from there will start using other social networks, telegram maybe, and not just Wechat, which is still the most popular there. 
when many large industries accept crypto, such as Facebook, Twitter, Samaung, Whatsapp. but other applications like WeChat choose to ban users from crypto trading. I see WeChat's decision will have a negative impact on the value of their quantity. because the world today is very enthusiastic about the crypto world.you can see this source https://www.coindesk.com/messaging-giant-wechat-bans-merchant-users-from-crypto-trading.
WeChat is politically an extension of the Chinese government and because of that reality it has no choice but to bow down to the wishes of the government for it to shun cryptocurrency of any form and type. This is an exercise of the governmental power and influence over all business within the boundary and even beyond of China. Will this affect WeChat user base? The way I see it is not affecting since their users are mostly in agreement with the government and for now any opposition is silenced for good. In addition, this can never affect the cryptocurrency market in general as we are all moving away from the China factor since 2017.
right, Wechat is a company developed in China where China itself bans its people using bitcoin. So don't be surprised if this platform prohibits users from using crypto. But this will be a time bomb for Wechat itself, when all its users use crypto in the future.
It always amazed me how double the standard is. For example, China is the largest mining center for Bitcoin, but at the same time they want to prohibit the use of cryptocurrency via Wechat. Isn't that weird?
I see WeChat's decision will have a negative impact on the value of their quantity. because the world today is very enthusiastic about the crypto world.
Perhaps it won't as WeChat is widely use in China since Facebook and other messaging apps are banned so it's either stay the same way.And besides crypto specifically bitcoin will still viable even without this news nor hype from reputed companies.
Seriously, no worries.
Wechat is one among the most used social networking app. It has got a big userbase and fearing regulatory compliance it could have stopped the usage of cryptocurrency. This is not gonna make any negative impact upon the growth of bitcoin. Just think of kik which has got its own token named kin.
Well, it seems that China is starting to move-away from crypto. There is nothing new about this we have seen China come-in and out of crypto for several times now. It's normal for wechat to ban crypto since wechat is operated in China, and the government is against crypto. Nonetheless, the market will not be affected by it, there are still a lot of social-media and messaging app crypto enthusiasts can use.
The Chinese government are clearly unable to make up their minds regarding regulating or banning crypto and they keep switching their opinions with time. Absolutely pathetic if you ask me.They are clearly afraid that BTC could pose a problem to their centralized power structure and they impose their harsh rules towards apps like Wechat etc.
when many large industries accept crypto, such as Facebook, Twitter, Samaung, Whatsapp. but other applications like WeChat choose to ban users from crypto trading. I see WeChat's decision will have a negative impact on the value of their quantity. because the world today is very enthusiastic about the crypto world.you can see this source https://www.coindesk.com/messaging-giant-wechat-bans-merchant-users-from-crypto-trading
Wechat implemented crypto payment initially but they are cancelling because of fear of getting ban from china . We chat is one of the major platform in China even most of the payment goes through wechat in china . They are afraid about their government.
I often think about large messengering services incorporating Crypto currencies into their products and with the latest Whatsapp hack, I think it might be risky to expose Bitcoin to millions of people, if the 3rd party service gets hacked.
Satoshi's vision was not for people to use centralized services to act as a intermediary service for Bitcoin payments, so every time these services fail, Bitcoin gets the negative publicity. 
Satoshi's vision was not for people to use centralized services to act as a intermediary service for Bitcoin payments, so every time these services fail, Bitcoin gets the negative publicity.
Well, it seems that China is starting to move-away from crypto. There is nothing new about this we have seen China come-in and out of crypto for several times now. It's normal for wechat to ban crypto since wechat is operated in China, and the government is against crypto. Nonetheless, the market will not be affected by it, there are still a lot of social-media and messaging app crypto enthusiasts can use.
I think it's not a big fact. Once a day facebook banned crypto related add but now what are they doing. You can see already, everyone can see that. so relax, just wait and see.
when many large industries accept crypto, such as Facebook, Twitter, Samaung, Whatsapp. but other applications like WeChat choose to ban users from crypto trading. I see WeChat's decision will have a negative impact on the value of their quantity. because the world today is very enthusiastic about the crypto world.you can see this source https://www.coindesk.com/messaging-giant-wechat-bans-merchant-users-from-crypto-trading.
WeChat is politically an extension of the Chinese government and because of that reality it has no choice but to bow down to the wishes of the government for it to shun cryptocurrency of any form and type. This is an exercise of the governmental power and influence over all business within the boundary and even beyond of China. Will this affect WeChat user base? The way I see it is not affecting since their users are mostly in agreement with the government and for now any opposition is silenced for good. In addition, this can never affect the cryptocurrency market in general as we are all moving away from the China factor since 2017.
messaging-giant-wechat-bans-merchant-users-from-crypto-trading
merchants who were accepting bitcoin must be introduced to the decentralized marketplace since they are already using a decentralized currency there is no reason to still continue to use centralized platforms anymore.
there already are good projects such as OpenBazaar (https://openbazaar.org/) available for their ease of use too.
when many large industries accept crypto, such as Facebook, Twitter, Samaung, Whatsapp. but other applications like WeChat choose to ban users from crypto trading. I see WeChat's decision will have a negative impact on the value of their quantity. because the world today is very enthusiastic about the crypto world.you can see this source https://www.coindesk.com/messaging-giant-wechat-bans-merchant-users-from-crypto-trading
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