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Author Topic: Chinese bitcoin exchanges have pulled out of the Bitcoin conference in Beijing  (Read 1435 times)
RockHound
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May 06, 2014, 05:32:22 AM
 #21


Good points YipYip - I too have wondered whether moving to a "Special Administrative Region" would be a fix.

Would just have to send:

CNY/RMB to own HK bank account...
That's illegal for mainland China residents.

Something that so many Bitcoin fanatics don't get: the use of Bitcoin in China wasn't because people wanted Bitcoins. It was because they wanted dollars, euros, or yen, outside China's exchange controls. Bitcoin was, briefly, an easy and legal way to do that.  That's over.



Thanks for info mate
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