Why Doesn't China Support Bitcoin?

shard_2013 · 2020-07-27T00:35:00.000Z

Did some digging around and found this: China considers Bitcoin property but their govt is super anti-crypto. They don't want to hold Bitcoin reserves. Seems to me they aim for the Yuan to outshine the USD and other big currencies. So, are they really just hid

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ben.matrixNewbie

Posts: 3546 · Reputation: 35

#21Aug 2, 2020, 04:23 PM

Isn’t it interesting how they’re focusing on gold now? The narrative about dedollarization sounds feasible considering their BRICS connections.

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Why Doesn't China Support Bitcoin?

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