This CRITICAL BITCOIN MOVE IN CHINA Will Have HUGE IMPLICATIONS In 2019. THIS Is THE CHANGE WE NEED.




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Articles: https://www.forbes.com/sites/billybambrough/2018/12/31/bitcoin-adoption-could-be-boosted-by-surging-china-demand/#49f257cd84bd

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24 Comments

  1. Scenario: China allows BTC trading, payment system. Millions of Chinese buy BTC and price skyrockets, in spite of the whales attempt to manipulate it. When the Chinese gov't sees that BTC is centralized in their country, they could outlaw BTC and require the Chinese people to transact digitally using their fiat currency. This could present a huge financial crisis in the US and Europe, achieving the Chinese gov'ts objective.

  2. People don't understand what 'centralized' mean. Bitcoin has very limited quantity, it is mined not created out of thin air, and government cannot block it and use it to punish other nations. It's the exact opposite of private bank fiats like the dollar. China can mine all the BTC but they don't really have control of it simply because of the nature of crypto. Think of BTC as a rare metal being used for currency. China digs it out of the ground but as soon as it is used as currency and goes into the global pool they cannot control it whatsoever. All this BTC being 'centralized' is BS created by anti-crypto crowd.

  3. I love when people try to differentiate between bitcoin and alt coins, they all rise and fall together. The only decoupling is only depended upon BTC dominance

  4. The Chinese Regime is afraid of anything they can’t control. So, a control freak government won’t EVER legalize a crypto currency they can’t control.

  5. China is doing alot of things behind the scene.
    Chineses are hold a huge amounts of cryptos. Cryptos are the future.

  6. Good video, & info. Thanks. However.

    1. What country exactly do credit card transactions take a couple of minutes for the end user?
    2. Far longer to open a bitcoin app and authorise a BTC/lightning payment than tap/swipe a credit card.

    Am I missing something?
    Blockchain is good but don't get caught in the hype..

  7. China banned the use of crypto in the wechat and alipay type payment systems that use cell phone apps with barcodes to communicate the payment info. currently you can only link to a bank account or a credit card

  8. I almost gave up on trading cause I've lost a lot but then someone recommended Mrs Rachel a trading channel here and my spirit moved me to contact her and since then I can say it has been a very productive decision in just 2 months and with all I've made I really believe in Binary and Crypto investment now so if you believe it too then you can also contact her on her e­­-mail: rachelbrookemonique@gmail.com    ) or Whatsapp : +14422433874

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