Advantages of cryptocurrencies for China

[richan]

There is  a tough regulations on cryptocurrency in China and I think China as great player in international trade ,should adopt cryptocurrency as major payment processor as part of its trade policies to its advantage.

[Transformbitz]

It is the quire opposite. Because right now many regulations of china are still being established and trying to ban cryptocurrency. And as you can see, many ico investment bans china county for making investment.

Cryptocurrency in China is being conducted and regulated and somehow with the use of cashless payments in their country, The government are very strict on AML issue. SO the next time you heard about the news of crypytocurrency in China they are into it.

[bitkanu]

It is the quire opposite. Because right now many regulations of china are still being established and trying to ban cryptocurrency. And as you can see, many ico investment bans china county for making investment.

Of course and remember about the fact that even NEO has been getting a subpoena from SEC and NEO foundation has been returned all of the funds to the investors again and that makes lack of the funds to support the development process

[somansy]

Cryptocurrencies will disrupt the entire market, this is no surprise. But China is one of the most growing ones, I hope they will take the chance and be leading in cryptocurrencies. Do you see also advantages for China to do so?

i guess China has all the advantages, and avove all its people. with such minds, it is really easy for them to become leadres. so the question is when it happens. i give five years for that

[zcashplan]

The advantage of cryptocurrency in the world has not appeared. Now the world economy does not recognize the cryptocurrency market. Bitcoin is still very cheap. The entire cryptocurrency market does not have the high market value of Apple. So I believe that bitcoin will become very expensive. But this has nothing to do with China. When it is necessary, the government will flood into the cryptocurrency market.

[kutangterbang]

I will come out of cryptocurrency if there is one country that will dominate, because if China will lead and take over Crtyptocurrency. a monopoly will emerge and that will affect everyone.

[- ESPERS -]

      There are many Chinese regulations in the process of establishing, proposing the ban on cryptocurrency. I think this will have a major negative impact on the market. That is why many projects are cautious and prohibit the Chinese people's investment or participation in bounty campaigns.