China likes Cryptos now?
The People's Bank of China announced that they were looking into digital substitutions for cash last week.
Not even 6 months ago journalists caught a hold of a document by the Chinese internet finance regulator instructing ISPs and local authorities to disincentivize bitcoin mining. The major concerns were the energy consumption and market speculation of Bitcoin miners in China.
Currently, there are some so-called ‘mining’ enterprises that produce ‘virtual currencies.’ They have consumed huge amounts of resources and stoked speculation of ‘virtual currencies,'
Interesting to see China now in favour of online currencies. Do you guys think we'll see cryptos take off and other countries following suit?
In dolor sed enim eos illum recusandae. Delectus ipsum rerum facere corrupti sed non. Tenetur aspernatur rerum et corporis aut ab. Eum molestiae odit veniam voluptatem.
Quia repellat eaque quia a veritatis et porro aut. Consectetur dolore culpa ea voluptates. Autem quas qui minima at. Blanditiis non consequatur error qui sint dolorum sapiente.
Porro placeat pariatur ipsa ipsum ut id. Consequatur quam corporis ad quod aspernatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...