China is the leader of the blockchain?

[Ravenangel]

Interesting news, I had not heard before, despite its ban on cryptos, I imagine they see great potential in the blockchain, as is happening with other major companies such as IBM, Microsoft or Google, who are also investing millions in the development of technologies based on the blockchain.

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[MRlong]

Until now, China is still the biggest country interested in blockchain technology and especially cryptocurrency. I think China has the greatest effect to crypto world and it'll be the leader in developing blockchain technology in the future for sure. Although I don't like China but I still have to admit that China is a great country.

[Ximoandali]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

China and so is the leader in the blockchain, if you look at the pool of miners there are leaders all from China, and the exchanges, too, can be judged

[kier010]

can you put the link so we can read it. if they invested it should be for their own benefits. china have an impact in crypto and if they invest maybe they will regulate it.

[Winterizing]

There's no real evidence that China invested that lot of money but we know China is known for investments so there would be a possibility that China is one of the countries with most investors that are investing in cryptos

[cahbagus555]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

China Government investing their money for blockchain development to applied in their system. China already dominating world economy and i think in near future China will dominating in blockchain technology

[vina.lugtu]

It will be great if they aim to be the leader of the blockchain. This will definitely make an increase on demand and it could result some price changes. I see no issue with China leading the blockchain as they are the real businessman. They prefer to hodl unlike any other investor. Crypto needs a huge change, maybe people from China can do that. The current situation is not really good so I prefer changes.

[Lazada]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

China is a vast market share. With very large crypto users, it has been proven that China's public interest in crypto is very large. Most of the Bitcoin mines are also controlled by China. So in my opinion if there is a decision or regulation that happens in China then it will have a big impact on the crypto situation globally.

[sixexgames]

Well I think they want to profit from the space... but it seems they don't want their people to use crypto and they've done many things to block access to it and want to have very tight control on their people and economy.

[rricksu]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

I don't think if an entity or a county buys too much of the cryptocurrency they will become a somewhat you called leader in the cryptocurrency. They might just control the price but they don't literally have the full power over it.

[Bitcoinjheta]

I don't believe that China is the leader of the blockchain which the subject being spreading more than 6 billions invested in the developement og blockchain. Because first and foremost no valid links support in the articles are shared or post on the subject which we can say this is true. Better do have an official links as much as possible.

[inanilujimi]

I think yes indeed China can be a crypto leader. they are the most developed country at the moment.

[MainIbem]

The population of China is an asset. The volume of transactions from China alone surpasses many countries put together so it is very easy to conclude that yes the Chinese will lead this space. And they are crypto minded people too.

[cola-jere]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

They are already dominant in the crypto space as ASIC miners like Antminer are produced in China. Not sure how many mining companies are owned by our Chinese brethren but they have a good eye for being early adopters.

[ranggenga]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

If that were true then they know he best time to take over the cryptocurrency world.
In a condition as today, with that amount of investation, it should  be able to take as many chance as possible to take over the world of cyptocurrency.

[judyrob]

China has always been a country that will perform well included in the issues of the economy and in this case, it is the crypto. and in fact, there is still a possibility that more investors from China that will be entered in the crypto see the potential there is. at least this will be lifting the crypto and China will be a leader in this regard.

[libert19]

Pretty much, most miners and top exchanges originate from China, but due to recent regulation problems they are mostly registered in Malta/Singapore.

I am into some projects where they are only alive because of Chinese community.

[herurist]

The Chinese authorities have invested about $6 billion in the development of the blockchain this year. Does this mean that China will become a leader in this area? Will the projects of Chinese companies increase in price or remain at the same level?

They see blockchain as future not the crypto because technology always grow up and this is the main part to get powerful tools in financial world. Most countries or us see the crypto but not the technology, wrong step brother. If China do that in short time many countries will follow their step, don't worry about it just follow the trends.

[Farahtenan]

Indeed, there are many investors from China and this has become a trade war with the US. And if indeed this news is true then China has given its permission for the development of the blockchain better and continues to increase. This will have a positive impact on the development of the blockchain.

[amaterazu]

China can have a big impact on the development of the crypto-coin market. So that China also has a very large part to lead the Blockchain. Many large investors come from China, so they will also have a very positive impact on the growth of crypto coins.