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I don’t really understand their trust in Bitcoin

Posted by Buygold @ 17:55 on January 1, 2017  

I know Bitcoin is a great alternative to cash but the ability of the scum to shut down the internet – especially in China – should be of concern to all Chinese. No clue why they’d trust anything virtual. Maybe I’m the idiot by only trusting what I can hold in my hand?

Bitcoin Soars Above $1000 In China

2017 is off to a good start if you are holding Bitcoin as volumes continue to surge through Chinese Bitcoin exchanges amid fears of increased crackdowns on foreign exchange transfers in the new year. In the last 24 hours, BTC China has seen prices spike above 7,100 yuan (well over $1000 at the onshore rate exchange).

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.