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Author Topic: [2014-05-12] - SCMP - Chinese bitcoin firms plan to go offshore to sidestep ...  (Read 715 times)
ArticMine
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May 12, 2014, 09:32:53 PM
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South China Morning Post - Chinese bitcoin firms plan to go offshore to sidestep crackdown

http://www.scmp.com/news/hong-kong/article/1510452/china-bitcoin-businesses-plot-escape-beijing-crackdown-PBOC


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May 12, 2014, 10:09:59 PM
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clever move.

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May 12, 2014, 10:14:46 PM
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Good move. That way the party members can protect their monopoly of payment systems and Chinese citizens will know that they can have a fair market outside their sovereign borders. Win-win: that's Chinese for GTFO.

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May 13, 2014, 01:33:26 AM
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Banning transfers from bank accounts to accounts managed by third-party companies leads to offshore banking.

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May 14, 2014, 08:34:14 AM
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Military dictatorships are normally run by people with peanut-sized brains and China is no different. See what has happened. Thousands of potential jobs have been lost in mainland China and the offshore nations will gain both employment and tax money.

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