Bitcoin Garden Forum
Cryptocurrencies => Crypto Discussion => Topic started by: JVanLier on April 22, 2020, 11:38:45 AM
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It is no secret that China is a hub for digital assets. Historically they have been heavily restricted by the Beijing Government, but change may be on the horizon. There have recently been reports that testing has begun on a national cryptocurrency.
Here is why China may finally roll out its own digital asset: https://e-cryptonews.com/amid-covid-19-china-didnt-forget-about-crypto/
Do you think China’s attitude towards Cryptocurrency is slowly changing or do you think a national cryptocurrency is just another bid for control?
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Definitely they want to keep even the digital assets in their control by publoshing their own digital cuurency which is expected to be live from next year, i hope world will not fall for these centralized coins and will pick btc amd eth as truly decentralized currencies.
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They have been preparing this currency for a long time, and they want to take the lead so the epidemic will not have much effect on their launch.
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Definitely they want to keep even the digital assets in their control by publoshing their own digital cuurency which is expected to be live from next year, i hope world will not fall for these centralized coins and will pick btc amd eth as truly decentralized currencies.
I think there are still many investors who choose decentralization for crypto assets, because they have freedom of transactions, where as centralization is the same as conventional banks, all transactions are always set and become a personal secret
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The huge population of China will differently be the biggest crypto community & once they are still Pro Crypto i suppose we're safe enough.
China my lead the crypto mass adoption if they want to, but so far there is no Political goal towards such dreams.
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Maybe it will change with time, because now the era of digital payments everywhere. almost all countries implement the system
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Not only China, but i must say the whole world, because India, Korea and even Russia has made it optional.
You can get invovled with bitcoin if you want to, just make sure to stay safe.
Encompassing the blockchain, and AI with the banking and engineering sector will be the master piece
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China has made significant progress and development in crypto world. This country has welcome the crypto world nicely in some months currently. They also use blockchain technology ij some sectors. We can find many companies regarding to crypto world in China. In my opinion, it is good decision because so far, China is considered not really pleased to crypto.
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Not only China, but i must say the whole world, because India, Korea and even Russia has made it optional.
You can get invovled with bitcoin if you want to, just make sure to stay safe.
Encompassing the blockchain, and AI with the banking and engineering sector will be the master piece
That's right! Safety is a must.