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Title: A deputy director of People's Bank of China says bitcoin is a kind of nongovernm Post by: analau on March 29, 2014, 03:56:06 PM He says:”Now, the currency is fiat currency, sovereign currency. Is bitcoin a kind of currency? Yes, it is, but it’s not a fiat currency, it is a kind of electronic commodity currency, it’s a kind of currency embraced by economist Hayek, it has features like gold payment, etc..
Link: http://www.bit-sky.com/index.php/english/663-nongovernmental-currency Since China is influencing the price so much, I thought I'd post this, Sorry if it is in the wrong section Title: Re: A deputy director of People's Bank of China says bitcoin is a kind of nongovernm Post by: Beliathon on March 29, 2014, 04:35:18 PM So some old Chinese guy is saying something everyone here already knows? Cool, but why should we care?
What's the significance of him saying it? Title: Re: A deputy director of People's Bank of China says bitcoin is a kind of nongovernm Post by: innocent93 on March 29, 2014, 04:53:42 PM is there any country define bitcoin as a goverment currency ?
obviously not Title: Re: A deputy director of People's Bank of China says bitcoin is a kind of nongovernm Post by: analau on March 29, 2014, 04:54:23 PM I don't know, that maybe they are not going to ban it?
That was the point of the post Since there are rumors and speculation regarding closing of Chinese exchanges and post about bitcoin ban in China, I thought this could be an indicator that this won't happen Title: Re: A deputy director of People's Bank of China says bitcoin is a kind of nongovernm Post by: analau on March 29, 2014, 04:57:40 PM So some old Chinese guy is saying something everyone here already knows? Cool, but why should we care? What's the significance of him saying it? that he is director of People's Bank of China |