06 Jun '13, 7am

China's romance with Bitcoin continues - CoinDesk #bitcoin

China's romance with Bitcoin continues - CoinDesk #bitcoin

Why is China’s interest in Bitcoin growing? The country’s increased interest in the currency has shown no signs of abating over the past couple of months, leading to all kinds of fun theories about currency wars. Chinese downloads of the original Satoshi client, as maintained by the Bitcoin core development team, have increased in recent months. For the month of January, China ranked seventh amongst downloaders of the software, accounting for just 3.66 percent of downloads. As recently as April, Chinese downloads accounted for 13.15 percent of the total, lagging the US, which downloaded 27 percent of the clients. Play with the charts here . Things have changed considerably over the last month. From the start of May until June 4, China soared to the top of the charts, surpassing even the US. During that period, Chinese addresses accounted for just over one quarter of all do...

Full article: http://www.coindesk.com/chinas-romance-with-bitcoin-conti...

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