Bitcoin Forum

Economy => Economics => Topic started by: katafrag on November 28, 2015, 10:11:57 AM



Title: What have the Opium wars anything to do with BTC and China?
Post by: katafrag on November 28, 2015, 10:11:57 AM
The British Empire had a huge trade deficit with China so they decided to sell huge amounts of Opium to China even by force.

http://www.britannica.com/topic/Opium-Wars

Are chinese buying btc to get high? Huge volumes , price going back and forth as vendors sell their btc for fiat.



Title: Re: What have the Opium wars anything to do with BTC and China?
Post by: pitham1 on November 29, 2015, 12:21:33 AM
The British Empire had a huge trade deficit with China so they decided to sell huge amounts of Opium to China even by force.

http://www.britannica.com/topic/Opium-Wars

Are chinese buying btc to get high? Huge volumes , price going back and forth as vendors sell their btc for fiat.

Nope, opium wars have nothing to do with BTC.
This is history and irrelevant to BTC.