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Author Topic: Amid COVID-19, is China coming around to Crypto?  (Read 385 times)

JVanLier

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Amid COVID-19, is China coming around to Crypto?
« on: April 22, 2020, 11:38:45 AM »
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?

bigcash2011

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #1 on: April 22, 2020, 05:28:03 PM »
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.

tranduong123

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #2 on: April 22, 2020, 05:30:35 PM »
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.

jenica

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #3 on: April 22, 2020, 06:05:40 PM »
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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ThisIsHroom

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #4 on: April 24, 2020, 12:22:28 PM »
You are right. China with its coronavirus affects not only the world but also the crypto field. If you remember also China was the main actor when the Bitcoin fell some years ago. China is a very important player in the world sense. But I consider that we as simple folk have to protect ourselves. Me and my girlfriend are taking care of us and we've already bought all the necessary: masks, gloves, covid rapid test, disinfectant. And I recommend everybody to follow us.

ansi

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #5 on: April 26, 2020, 01:15:32 AM »
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.

Joankii

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #6 on: April 26, 2020, 05:25:20 PM »
Maybe it will change with time, because now the era of digital payments everywhere. almost all countries implement the system

OluwaTosin10

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #7 on: April 28, 2020, 03:12:26 AM »
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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Redix

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #8 on: April 28, 2020, 11:57:32 PM »
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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Anc_crypto

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #9 on: April 30, 2020, 10:15:01 AM »
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.

Demixl

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #10 on: September 15, 2020, 05:16:47 PM »
I think that Covid-19 influences everyone. Economy is the first. You know, people didn't work, some states was helping people who didn't have the possibility to work from home. It is a hard time. Bitcoin was a slowly way to earn money but now I guess that it is harder. I'm not sure that people will invest now money. They buy now only masks hehe. I bought disposable face mask for me and my family. This masks have ventilation that give ou the possibility to breath. This is the best invention at the moment not bitcoin, sorry!

LForward1

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Re: Amid COVID-19, is China coming around to Crypto?
« Reply #11 on: September 16, 2020, 07:55:57 AM »
I think that Covid-19 influences everyone. Economy is the first. You know, people didn't work, some states was helping people who didn't have the possibility to work from home. It is a hard time. Bitcoin was a slowly way to earn money but now I guess that it is harder. I'm not sure that people will invest now money. They buy now only masks hehe. I bought disposable face mask for me and my family. This masks have ventilation that give ou the possibility to breath. This is the best invention at the moment not bitcoin, sorry!
I did tha same with the masks. I was looking for them and couldnțt find for a period that is why I bought a lot when tey appeared

 

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