Chinese financial weapons hug

in #tr8 years ago

Today, China has two separate developments that fall into agencies, and the huge square of challenge does not want to leave anyone else. The two developments in Bigpara / Analyzin confused the markets. One of these developments was to end China's crypto-money mining activities yesterday. So, after closing the crypto stock exchanges, China went one step further. Electrical miners are abundant and cheap in China to solve complex mathematical problems using powerful computers and to verify and verify crypt money, and infrequently filled with air temperature population zones. New York-based research company Chainalysis Inc. According to calculations based on company data, China has accounted for around 80% of the computer power needed for Bitcoin mining around the world in the last 30 days. In other words, the Bitcoin production center suffered heavy blows. As the circle narrows, the work of Bitcoin and other crypto money will become even more difficult. Another important development was spreading the news that China thought to slow down or stop US Treasury purchases. Although it is clear that Chinese foreign exchange trading may take place in this journalism, it is not hard to imagine that the US is beginning to think about this "rest". According to the US Treasury Department, the country is the largest foreign investor of US treasury bills with US Treasury bills worth US $ 1.19 trillion by October 2017. For this reason, the greatest customer of these properties is China. It is unthinkable for China to remain silent as the US has received restrictive and protective decisions every day about the products produced in China. If it is a fact that is claimed to be a day today, it will be a very serious question on the desk. Where will the fortune go to deposit the Chinese money in the US Treasury? In other words, can China find an alternative country and product to earn money instead of US treasures?

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Good post, thanks for sharing!

Thank you😀😀

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