well they banned btc w/o having their 'own digital currency'
it would be 'my guess' that if they did have such a digital china govt backed currency
released it...and BTC or LTC or whatever started to 'kick its butt'
they would turn around and 'ban' all crypto but their 'own'
not saying it is the 'brightest' strategy..but how they run and manipulate their own
stock market....seems frigging likely imho
my 2 Satoshi's worth
(the ways of the Chinese gov't are mysterious to me...now if their coin was sha-256 based....no pre-mine starts at say midnight x/x/xxxx
well I'd crank the old KNC 550 gh Jupiter up...and paint me a 'pinko china red'
heh...talk about getting 'adoption' every frigging usb stick/old asic and gpu piece of crap would be a 'blazing' off the mark lol
alas my knc 550 gh Jupiter miner now acts as a 'gravity assist device' to keep my miner workbench on the earth
lostgonzo.imgur.commy setup (see album with exhaust fan pic..which I can't seem to change) soon they will all be 'doorstops'
likely the China coin should it exist would be 'POS' anyway imho
anyway ..my 'guess' is if their govt coin got some kinda 'traction' (prob by tossing $$$ at it ..its what china gov't does)
then suddenly 'btc' would be 'evil' again