Does anyone agree with the U.S. Government stating that "China is Threat to Global Bitcoin Economy"?
I don't think China is a threat to its Global Bitcoin Economy.
It is affecting the Bitcoin price but it's not going to cause huge problem to make the Bitcoin Economy on major downslide.
It had an impact on China's Bitcoin economy but it's certainly not out.
Actually other Asian locations such as Hong Kong, South Korea, and Singapore have benefited from China's Government action.
So it doesn't affect a threat to Global Bitcoin Economy.
What do you guys think?
http://www.coindesk.com/us-government-report-china-threat-bitcoin-economyPure Nonsens. They want to bring the price down the the banks can buy in.
In Scottland where the fiirst bankers are from the banks are interested in BTC and altcoins.
The price will go straight up when this happens. Rount abot 6 billion US Dollar is badly undervalued atm.
That drives the U.S. gov crazy;-)