Once Libertarian Dream, Bitcoin Is Now Chinese Currency

Once Libertarian Dream, Bitcoin Is Now Chinese Currency

Chinese economic growth is a worry for many, having fallen below 7 per cent in the first quarter of 2016, which means that Chinese slowdown is the worst in the past six years. While the country’s all dominant central government is scrambling to shore up the economy by providing stimulus in whatever way it can, there is something going on in the cryptocurrency world that brings to fore Chinese domination of that field. Bitcoin for all intents and purposes now may be a Chinese currency. From libertarian dream to a Chinese currency. When it was conceived, Bitcoin was thought to be a....


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