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RE: China *May* Try to Block ALL Bitcoin Transactions - But Russia Plans to Legalize Crypto!

in #bitcoin7 years ago

As a personal thought ...
First of all, we believe that regulations and bans on Chinese encryption currency will be lost.
The market is managed by the government in the future.

I think that the flow of exchange of encryption currencies from existing Fiat currencies basically does not stop even in the whole world. Because it has an overwhelming superiority in currency capability.

The reason why this currency revolution does not progress smoothly is an organization that suffers damage by lowering the value of the Fiat currency ... Although this includes the state, I believe it will become temporary resistant.
Ultimately we are considering actively using encryption currencies.

I think that China will be a model case.