Bitcoin Forum
July 23, 2019, 11:16:04 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2018-03-10] - China PBoC Head Says "Bitcoin ‘Not Accepted’ As Payment"  (Read 41 times)
DeadCoin
Sr. Member
****
Offline Offline

Activity: 714
Merit: 260



View Profile
March 10, 2018, 03:46:28 AM
 #1

https://cointelegraph.com/news/china-pboc-head-says-digital-currency-inevitable-bitcoin-not-accepted-as-payment

Governor of the People’s Bank of China (PBoC), Zhou Xiaochuan, said in a press conference that authorities are not rushing to issue a national digital currency and still do not recognize Bitcoin as a legitimate payment method, reports China Daily on March 9.

Zhou expressed the PBoC’s position frankly:

“We do not currently recognize Bitcoin and other digital currencies as a tool like paper money, coins and credit cards for retail payments. The banking system does not accept it.”

Such decisions by authorities still cause the crypto growths lack back? Will this affect the cryto values growth?

           ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.
WINDICE
.


      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀
.


     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀
.


                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
.


.


.
OPlay NowO
.


.



.
.
Follow Us
▀▀▀▀▀▀▀▀▀▀▀▀
1563923764
Hero Member
*
Offline Offline

Posts: 1563923764

View Profile Personal Message (Offline)

Ignore
1563923764
Reply with quote  #2

1563923764
Report to moderator
1563923764
Hero Member
*
Offline Offline

Posts: 1563923764

View Profile Personal Message (Offline)

Ignore
1563923764
Reply with quote  #2

1563923764
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563923764
Hero Member
*
Offline Offline

Posts: 1563923764

View Profile Personal Message (Offline)

Ignore
1563923764
Reply with quote  #2

1563923764
Report to moderator
1563923764
Hero Member
*
Offline Offline

Posts: 1563923764

View Profile Personal Message (Offline)

Ignore
1563923764
Reply with quote  #2

1563923764
Report to moderator
Rustamm
Member
**
Offline Offline

Activity: 364
Merit: 17


View Profile
March 10, 2018, 08:28:19 AM
Merited by Aikidoka (1)
 #2

When the crypto currency has been in decline for the third month, such news is not encouraging. Of course, this will slightly affect the short-term course of bitcoin, but it will then recover quickly, as it has already happened more than once. China recently can not understand what they want and what their goals are. In such a large country and with such a huge amount of people completely to prohibit the crypto currency after a significant part of the population learned its advantages and became very interested in it, it is almost impossible. People vseravno will seek and find ways to bypass prohibitions, because they can not prohibit the Internet. At the same time, the Chinese government does not offer any solutions to its issue, even for some reason they are not in a hurry to create their own regulated crypto currency. In my opinion, such a position is obviously losing, as China loses its possible profit.

“Bitcoin was created to serve a highly political intent, a free and uncensored network where all can participate with equal access.”

- Amir Taaki
Aikidoka
Sr. Member
****
Offline Offline

Activity: 672
Merit: 290



View Profile
March 10, 2018, 10:01:27 AM
Last edit: March 11, 2018, 10:18:38 AM by Aikidoka
 #3

China can make as many decisions as they want about not accepting bitcoin. It is now a fact that China is scared of it and considers it to be a threat. However, I might say that the use of "currently" means that they still are hesitated or maybe they are giving false hopes to people. These decisions clearly will affect the growth, but the latter will regain its feet in a matter of time.

                                           ▄▄███████▄▄
      ▄▄███████▄▄                       ▄███████████████▄      ▄▄███████▄▄
   ▄███████████████▄    ▄▄███████▄▄    ███████████████████  ▄███████████████▄      ▄▄███████▄▄
  ██████▀▀▀▀▀▀▀▀█████▄███████████████▄██████▌  ▐███▀▀▀████████████▀▀▀▀▀███████  ▄███████████████▄
 ███████   ▄▄▄▄▄████
█████████▀▀▀▀▀██████████   ███▌  ▐█████████     ▄▄▄███████████████████████████
████████   ▀▀▀▀██████████      ▄▄▄█████████▌   ▀▀▀   ██████████   ▀▀▀▀██████████████   ███   ██████
████████   ▄▄▄▄█████████████▌  ▐███████████   ▄▄▄▄   ██████████▌   ▄▄▄███████████████   ▀   ████████
████████   ▀▀▀▀▀████████████▌  ▐██████████▌  ▐███▌  ▐██████████▌   ▀▀   ██████████████▌   ▐█████████
 ███████▄▄▄▄▄▄▄▄██
███████████   █████████████████▄▄▄████████████   ▄▄▄███████████████   ▄   ████████
  ███████████████████████████   ████████▀███████████████▀  █████████████████████████   ███   ██████
   ▀███████████████▀███████████████████    ▀▀███████▀▀      ▀███████████████▀  ███████████████████
      ▀▀███████▀▀    ▀███████████████▀                         ▀▀███████▀▀      ▀███████████████▀
                        ▀▀███████▀▀                                                ▀▀███████▀▀
.BET█▀▀▀▀▀▀▀▀











█▄▄▄▄▄▄▄


██▄▄        ▄▄██
████
██████████████
███████
███████████
 █████
███████████
 ▄██████████████▄
▄████████████████▄
██████████████████
▐██████████████▌
 ▀▀    ▀▀▀▀    ▀▀
.
PLAY NOW
▀▀▀▀▀▀▀▀█











▄▄▄▄▄▄▄█
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!