2013-13-28 The China Post - Taiwan competitors aim to capitalize on Bitcoin ...

[ArticMine]

Taiwan competitors aim to capitalize on Bitcoin ban in China

http://www.chinapost.com.tw/taiwan/china-taiwan-relations/2013/12/29/397038/Taiwan-competitors.htm

I know this is the 21st Century, but this sounds straight out of the cold war. What is next a new Bitcoin exchange in Pakistan after the India ban?

Edit: China in the site name refers to Republic of China not Peoples Republic of China

[HeliKopterBen]

That "fledgling" word is being used once again.  I guess the author doesn't understand that all other assets on earth have collapsed against bitcoin this year.  "Fledgling" probably should not be the first word to come to mind.

[p2pbucks]

"I absolutely understand why there are so many bitcoin haters out there. But don't hate the player; hate the game," Colas said.

[black_swan]

According to Wayi, the Bitcoin ban in China will be beneficial to the digital currency's development internationally, as the ban will significantly curb speculative forces originating from the mainland, contributing to much of the wild volatility it has seen recently. A more stable Bitcoin will better ensure the interests of its users, said the company.

Volatility is not caused by chinese investors (unless this Taiwan company can prove it?) and China mostly out of the game is a negative news for bitcoin.

[Lethn]

That's fucking awesome, maybe smaller countries like Taiwan will all band together to support Bitcoin so they can give the middle finger to the larger empires out there. Oh and ArticMine you're definitely not wrong about a cold war style mentality growing again, the difference between this and the cold war though is that the warfare we'll be in is likely going to involve just information and financial stuff rather than weaponry which is a pretty big evolutionary step considering what we're normally like.

[bryant.coleman]

So far we haven't received any concrete assurances from the Taiwan Central Bank. So I'd be rather cautious.

[Lethn]

Oh I'm not talking about the central bank, fuck the central banks

[kjlimo]

Are we getting a thirteenth month this year?

[cr1776]

Are we getting a thirteenth month this year?

Buy 12, get one free. This year only!

[bryant.coleman]

I'd like to hear about the legality of Bitcoin in Hong Kong. Taiwan is a great place, but their political relations with China is not that good. So Chinese businessmen might be a bit scared to do business there. On the other hand, Hong Kong / Macau seems to be perfect.