China likes Cryptos now?
The People's Bank of China announced that they were looking into digital substitutions for cash last week.
Not even 6 months ago journalists caught a hold of a document by the Chinese internet finance regulator instructing ISPs and local authorities to disincentivize bitcoin mining. The major concerns were the energy consumption and market speculation of Bitcoin miners in China.
Currently, there are some so-called ‘mining’ enterprises that produce ‘virtual currencies.’ They have consumed huge amounts of resources and stoked speculation of ‘virtual currencies,'
Interesting to see China now in favour of online currencies. Do you guys think we'll see cryptos take off and other countries following suit?
Voluptatibus distinctio eaque dolores aliquam quas quia. Quos sed sit doloremque et qui. Voluptas error inventore vitae. Laudantium illo et ex.
Qui sunt et neque molestiae error blanditiis. Et optio qui voluptatibus repellendus rerum.
Minus quasi ut ut quis et quis ut. Aperiam natus exercitationem inventore. Omnis debitis quis neque illum et. Illum cupiditate tenetur adipisci a minima ad minus.
Et velit provident occaecati porro sunt cum. Eius autem eos quisquam eius. Optio aut a nemo perferendis nulla sed sint.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...