Bitcoin Forum

Bitcoin => Press => Topic started by: ArticMine on May 12, 2014, 09:32:53 PM



Title: [2014-05-12] - SCMP - Chinese bitcoin firms plan to go offshore to sidestep ...
Post by: ArticMine on May 12, 2014, 09:32:53 PM
South China Morning Post - Chinese bitcoin firms plan to go offshore to sidestep crackdown

http://www.scmp.com/news/hong-kong/article/1510452/china-bitcoin-businesses-plot-escape-beijing-crackdown-PBOC (http://www.scmp.com/news/hong-kong/article/1510452/china-bitcoin-businesses-plot-escape-beijing-crackdown-PBOC)



Title: Re: [2014-05-12] - SCMP - Chinese bitcoin firms plan to go offshore to sidestep ...
Post by: LiteCoinGuy on May 12, 2014, 10:09:59 PM
clever move.


Title: Re: [2014-05-12] - SCMP - Chinese bitcoin firms plan to go offshore to sidestep ...
Post by: cbeast on May 12, 2014, 10:14:46 PM
Good move. That way the party members can protect their monopoly of payment systems and Chinese citizens will know that they can have a fair market outside their sovereign borders. Win-win: that's Chinese for GTFO.


Title: Re: [2014-05-12] - SCMP - Chinese bitcoin firms plan to go offshore to sidestep ...
Post by: erono on May 13, 2014, 01:33:26 AM
Banning transfers from bank accounts to accounts managed by third-party companies leads to offshore banking.


Title: Re: [2014-05-12] - SCMP - Chinese bitcoin firms plan to go offshore to sidestep ...
Post by: bryant.coleman on May 14, 2014, 08:34:14 AM
Military dictatorships are normally run by people with peanut-sized brains and China is no different. See what has happened. Thousands of potential jobs have been lost in mainland China and the offshore nations will gain both employment and tax money.