Can Hong Kong Lead the Way for Bitcoin Adoption Across China?
Sixty-five years ago, history tells us the great question of American foreign policy was: who lost China? In other words, who was responsible for the "avoidable catastrophe" that drove the Nationalists from the mainland and brought Mao Zedong to power? Today, the question should be: what will China lose, if it attempts to resist global upheavals in finance and technology, culminating in the popularity and acceptance of Bitcoin as the ultimate form of digital, peer-to-peer currency? The answer to that question will have a greater impact on the People's Bank of China (PBC) than its existing....
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