Rumors or Facts? China Reportedly Moves to Block Access to All Major Bitcoin Exchanges
They tried to copy it, fork it, ban it, clone it, ridicule it, launch at it, discredit it and kill it and yet #Bitcoin is still sound money. Earlier, we reported that China’s restrictions on Bitcoin trading and usage will drive businesses to Hong Kong and nearby countries, like Japan and South Korea.
Because of the high level of state monitoring and policing of individuals, Bitcoin enthusiasts have deflected from WeChat in China, as it is the country’s dominant messaging app, approved by the government.
Other encrypted messaging platforms, like Telegram, have seen a surge in Bitcoin users setting up groups which have mushroomed in quick succession.
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