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No, the worst case is that they require their population to go through approved exchanges and to only use government issued Bitcoin addresses assigned to each i
by politician 10y ago
No, the worst case is that they require their population to go through approved exchanges and to only use government issued Bitcoin addresses assigned to each individual.
- runeks 10y agoOh, right, I see. Control Bitcoin as in control the use of it within China. I'm sure they can prevent the open use of Bitcoin in China, if that's what they want. But it seems to me that if people really are using it to avoid capital controls and/or Yuan depreciation, preventing consumer-to-merchant transactions isn't going to change that.
- nl 10y agoThis is about controlling consumer to exchange transactions in China.