Everyday Bitcoin in China: Beneath the Surface

Everyday Bitcoin in China: Beneath the Surface

In the aftermath of restrictions from the People’s Bank, many outsiders are wondering what it’s like to use Bitcoin in China now. The atmosphere in China at present is extremely hostile for many aspects of Bitcoin. Exchanges are notably feeling pressure, with some even closing in light of banking authorities recently ‘reaffirming’ their stance towards cryptocurrency, one which could be called ‘critical’ at best. However, beneath the surface lies a somewhat different scene, set apart from the turmoil of the legislation. For consumers, it is definitely fair to say that “Bitcoin is not dead....


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