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Report finds $50b of cryptocurrency moved out of China hinting at capital flight
- LatteLazy 6y agoCorrected link: https://www.cnbc.com/2020/08/21/china-users-move-50-billion-of-cryptocurrency-out-of-country-hinting-at-capital-flight.html https://www.cnbc.com/2020/08/21/china-users-move-50-billion-...
- stx 6y agoThis is something that I suspect could cause another crypto boom even if a short lived one. If/when government decisions or some other forces cause people to want to move currency and avoid government scrutiny there will be a large amount of cash flowing into crypto currency.