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Author Topic: This Just In: Chinese President Rumored to be replacing Yuan with Bitcoin  (Read 5004 times)
WillBit (OP)
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December 17, 2013, 04:26:13 AM
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I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.
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drrussellshane
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December 17, 2013, 04:29:11 AM
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I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

I've got a good feeling about this, guys.

This dude seems pretty legit.

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taltamir
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December 17, 2013, 04:52:57 AM
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I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

China has been warning the US about its endless printing of money and publicly warning it to be less communist and more capitalistic lately lest the US ruin its economy and take the rest of the world with it.

The US economic downturn has been catastrophic for them with their reliance on exports.

It would be a perfectly logical maneuver on their part, very sensible. Could save the entire world... Too bad they are vile communists
Come-from-Beyond
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December 17, 2013, 05:16:23 AM
 #4

I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

Aye, right. The Chinese copy everything, now they r going to do that with Bitcoin. Will it be called Beetcoin, or Bitkoin, or Bitcion?
Mylon
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December 17, 2013, 05:40:09 AM
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OP is full of FUD... best to just ignore him.

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cypherdoc
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December 17, 2013, 06:19:46 AM
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Yes, but if they did, the USD would be in deep shit.
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December 17, 2013, 06:46:56 AM
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President has 3 BTC and he want to buy 3 more, hihi

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December 17, 2013, 06:58:32 AM
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I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

Yes but you don't have your news on the front page of coindesk...

taltamir
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December 17, 2013, 07:38:17 AM
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I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

Aye, right. The Chinese copy everything, now they r going to do that with Bitcoin. Will it be called Beetcoin, or Bitkoin, or Bitcion?

No, they will call it pandacoin, or dragoncoin... or pandadragon
Honeypot
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December 17, 2013, 07:44:23 AM
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If this type of shit around the forums is actually making the price bounce back up.....

I don't know what to say.
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December 17, 2013, 09:07:28 AM
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If this type of shit around the forums is actually making the price bounce back up.....

I don't know what to say.

I bought 10 million bitcoins due to this latest scoop. I hope that speculating based upon a rumor is a smart move.

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December 17, 2013, 11:14:25 AM
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Believe it or not, i talked with the chinese presidents secretary a little while ago, she verified all of this in her weekly report to me. apparently she was under his desk looking for a stapler when a friend of his walked in and this conversation took place.
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December 17, 2013, 11:58:21 AM
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Believe it or not, i talked with the chinese presidents secretary a little while ago, she verified all of this in her weekly report to me. apparently she was under his desk looking for a stapler when a friend of his walked in and this conversation took place.


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December 17, 2013, 12:44:17 PM
 #14

I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

Wow dude, thanks. My sister's cousin's uncle daughter's father's cousin's brother was skeptical of buying the last remaining supply on bitcoins until this news.
bryant.coleman
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December 17, 2013, 02:26:50 PM
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The thread might be sarcastic. But even if we imagine the extreme scenario, then the Chinese will be creating an altcoin which is similar to Bitcoin if they want to replace the CNY. They will not adopt some coin which was invented by an ethnic Japanese.  Grin
proudhon
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December 17, 2013, 02:32:17 PM
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Sorry, I won't believe this until I see some Chinese characters with poorly written English text translation plus bullet points and some words in bold.

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jongameson
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December 17, 2013, 03:30:54 PM
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Litecoin was created in China.  Why don't they just use that
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December 17, 2013, 03:59:21 PM
 #18

I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

i talked with obama, he said it aint true
ShadowOfHarbringer
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December 17, 2013, 04:02:20 PM
 #19

I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

Hmmm...



franky1
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December 17, 2013, 04:08:08 PM
 #20

I have a secret source who has a friend who knows the President of China.

He is rumored to have said, during a secret circlejerk, that they will be making Bitcoin the official currency of China.

Wow dude, thanks. My sister's cousin's uncle daughter's father's cousin's brother was skeptical of buying the last remaining supply on bitcoins until this news.
My sister's cousin's uncle= your dad
My sister's cousin's uncle daughter's=your sister
My sister's cousin's uncle daughter's father's=your dad
My sister's cousin's uncle daughter's father's cousin=your dad's cousin
My sister's cousin's uncle daughter's father's cousin's brother=your dads other cousin

if the way you explain family links is the same way you explain bitcoin, no wonder he was sceptical, especially if you told him to wait for the last remaining supply of bitcoins ( year 2140 ).

as for the reason for the chinese decision. its simple. for decades china has positioned itself as the main manufacturer of the world. thus grabbing wealth from other countries in return for goods (making china more wealthier). bitcoins due to the whole US is king, master, dominant party in the community, where most businesses are U.S based, most of the programmers, and exchanges are U.S based. the chinese do not want to hand over their wealth, to eventually be spent by americans. they do not want their chinese investors cashing out into dollar

if bitcoin was more Euro orientated, then china would not have as much of a problem. but to me personally knowing that bitcoin is international i can see china changing its mind once it digs deeper into the whole community. and a few more NON U.S exchanges pop up

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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