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Digital gold is the kill app. That is enough to justify its market cap. For example, Chinese can use bit coin to exchange large amount of funds to other curren
by justicezyx 6y ago
Digital gold is the kill app. That is enough to justify its market cap.
For example, Chinese can use bit coin to exchange large amount of funds to other currency, although this can only be done in private because the official ban.
- liuliu 6y agoYou cannot. There is no exchange from CNY to Bitcoin.
- justicezyx 6y agoCome on, it was banned, but there is plenty of underground channel... Why is that even needed to be mentioned... Maybe I should be more clear in the OP.
- rognjen 6y agoThere are underground channels for USD - CNY as well haha
- tim333 6y agoCNY buys mining rigs and electricity which makes bitcoins.