Have China Legalized Bitcoin?

in #bitcoin6 years ago

As you guys know that I am currently away from Home so I tend to get news a little late nowadays, but nevertheless I do get them. So the recent news that I got was that China has legalized Bitcoin which was a real curve ball for me.

images (16).jpeg

As I thought that legalizing Bitcoin in China would have definitely triggered some price action for Bitcoin which did not take place. There were several articles with questionable titles just bending the Truth. In truth it was just the Shenzhen Court which decided that Bitcoin can be owned by people of China as a property and not as a currency.

But the media as usual bended the truth to their own benefit and posted some enticing to look articles which were far from the truth.

Cover.jpg
To be honest I freaking hate such fake articles and believe they just want to make a news that could be sold rather than the Truth.

Sort:  

Great post!
Thanks for tasting the eden!

You got a 9.14% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!

Great post. It doesn't seem like you are getting the likes it deserves though. Have you checked out the upvote communities? You should check out steemengine. or steemfollower.com.

It has never been 'banned'. It simply cannot be bought with Chinese Yuan, there is still OTC trading.

By the way, although it is a fake news but we all want this to be happened. So, some people are just taking that as a way of promoting their fake news. May be they are getting some kind of gratifications

Posted using Partiko Android

Lately I have just been fed up of these so called Media. Journalism as we knew has disappeared all they care now is to get more views.

Hi @arunava!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.093 which ranks you at #3269 across all Steem accounts.
Your rank has dropped 9 places in the last three days (old rank 3260).

In our last Algorithmic Curation Round, consisting of 255 contributions, your post is ranked at #138.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • The readers like your work!
  • Try to improve on your user engagement! The more interesting interaction in the comments of your post, the better!

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.18
TRX 0.15
JST 0.028
BTC 63033.54
ETH 2434.49
USDT 1.00
SBD 2.54