27 May '14, 4am

Bitcoin and CNY:

Bitcoin and CNY:

Currency should not be monopolized Correspondent :As the revolution decision ,the Chinese government should expand opening financial industry and encourage financial innovation .Meanwhile ,central bank of China has released the notice to prevent bitcoin risk ,meaning that bitcoin should not be used on the financial market ,how do you think ? Hus hi zhi :Bitcoin is a kind of financial innovation .So as the currency publishing organization ,it’s reasonable for central bank of China to ban bitcoin,But whether to achieve the aim is unknown . Central bank of China can deliver its mind to bitcoin ,but it doesn’t have right to ban it .Any administrative monopoly is unjust . Correspondent :The notice claimed that bitcoin is not published by governments ,so it isn’t currency in a real sense ,how do you think ? Hu shi zhi :As a kind of innovation ,whether bitcoin will be currency wi...

Full article: https://bitcointalk.org/index.php?topic=626544.0

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