Bitcoin Will Be Dominated By Western Nations, China Will Be Vassal Nation Again

Bitcoin Will Be Dominated By Western Nations, China Will Be Vassal Nation Again

Akin Fernandez, a software engineer and owner of the Bitcoin startup Azteco, predicts that China will not enjoy the benefits of Bitcoin. He says: “Beijing enforcing a thirty-day lock-down is suicidal and at the end of this period expect a shock exodus from Chinese exchanges as users move to businesses in better jurisdictions.” His comments come in the wake of the People’s Bank of China’s Directive to Exchanges in China to close the two main exchanges for 30 days until they implement Anti-Money Laundering system to ensure they are in compliance with local financial and money transmission....


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