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Do you really think while China has been booming economically for decades - that those with money still didn't know how to off-shore it and were waiting like a
by hurin 12y ago
Do you really think while China has been booming economically for decades - that those with money still didn't know how to off-shore it and were waiting like a bunch of patient school boys for the solution that is bitcoin?
Buying bitcoin might have made sense for a regular chinese lee, but it cannot actually handle any real transaction demands.
- smtddr 12y agoDoesn't matter if they already have the means; always helps to have a Plan-B... or C, D, E and F. I also suspect that not everyone knows every trick and/or some people are more comfortable with certain methods than others.
- infinii 12y agoThe past was the past. Huge crackdown on corruption and graft is making it much harder to offshore. Even if they can get it out, people are watching their spending habits outside of China.