The only reason they are banning Bit coin in china is so that they can build a bigger and better BITCOIN, watch the Chinese market over the whole of 2018- I will be watching & investing some Chinese coins very closely .
The only reason they are banning Bit coin in china is so that they can build a bigger and better BITCOIN, watch the Chinese market over the whole of 2018- I will be watching & investing some Chinese coins very closely .
I think that up to this point the conversation has been about banning bitcoin mining, and not bitcoin transactions, and their stated intentions if there is any truth to the rumors is about energy consumption and pollution from coal burning power plants. Regardless i'm not sure that it would be bad for bitcoin if there was a Chinese ban on mining.
I agree.
I am just under the impression that they are banning mining of bit coin only and not other coins, so they can focus on mining there own coins.