News about China

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

Honest question though, how does Bitcoin help people in China where bitcoin is banned? Is there a thriving underground Bitcoin economy, for example? Genuinely curious. Seeing what happens in China with regard to Bitcoin and self-custody of assets wi...

More / Bitcoin Reddit - 2 years ago

Tanks in China protecting banks because Bank of China (Henan branch) declared that “people’s savings in their branch are now investment products and can’t be withdrawn.” NOT YOUR BANK, NOT YOUR MONEY - this is what Bitcoin is fixing, allowing anyone to be

Honest question though, how does Bitcoin help people in China where bitcoin is banned? Is there a thriving underground Bitcoin economy, for example? Genuinely curious. Seeing what happens in China with regard to Bitcoin and self-custody of assets wi...