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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (137536)12/28/2017 7:47:35 AM
From: elmatador  Read Replies (3) of 217589
 
Question from TJ:
how china is encouraging btc by shutting down crypto exchanges?

China is not encouraging BTC. China is planning its own crypto as posted today..

Why is China shut down crypto exchanges? China accounted for more than 80% of the world’s Bitcoin trading and ICO fundraising,

People’s Bank of China (PBoC) Deputy Governor Pan Gongsheng told the audience at a financial forum in Shanghai Bitcoin:.

A report from Quarts quoted Pan as saying:

“If we had not shut down Bitcoin exchanges and cracked down on ICOs several months ago, if China still accounted for more than 80% of the world’s Bitcoin trading and ICO fundraising, everyone, what would happen today? Thinking of this question makes me scared.”

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