Kim DotCom: ‘China in Big Trouble. Buy Bitcoin Now’

Kim DotCom: ‘China in Big Trouble. Buy Bitcoin Now’

Internet industry magnate and financial markets prognosticator Kim DotCom says now is the time to buy bitcoin in light of the Chinese stock market meltdown and a worsening outlook for the global economy as a whole. The Chinese financial markets have had a long, hard summer. Since June 12, domestic market bubbles have burst, forcing massive action to counter it by the People’s Bank of China, which is majority-owned by the Chinese Government. Last month, when the primary Shanghai Index fell over 8%, the People's Bank of China devalued the renminbi by almost 2%. This level of market....


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