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People in the West don't seem to realize how much Bitcoin is supported by Chinese businesses, and citizens, that are trying to evade their government's capital
by lkrubner 8y ago
People in the West don't seem to realize how much Bitcoin is supported by Chinese businesses, and citizens, that are trying to evade their government's capital controls. Many people have an urgent desire to get money out of China, to invest it or spend it elsewhere. Bitcoin gives them a way to evade government regulations. This is why Bitcoin mining is such a big deal in China.