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     5 years ago 

    Hi @btcmillennial, You might want to read my other comment for your other post first. I'm thinking the lady I was talking to from China has BCH and not BTC. It is all bitcoin to her. Now I wish I has some myself!

    I have always believed that btc is the dinosaur that brought attention, but will not be able to keep up with the times. Like the situation with IBM later getting killed off by apple and microsoft. The big guy got the people to use computers and want them. The little guys had superior tech and won the long game. Your information here makes me feel that even more strongly.

    BCH has put its focus on delivery fast peer to peer transactions on-chain, whereas BTC is going about it off-chain. BCH is also focusing on the utilization of the cellular network, which is terrific for China, where mobile payments make the bulk of transactions. All of Africa benefits, too, where cellular networks are the primary method for financial inclusion.

    This goes for all of SE Asia. I use a laptop and barely use a phone for anything. My SE Asian friends often have never even had a computer - they went from nothing to the phone and you should see how good they all are on them. It's light years ahead of the west.

    In the us, people shun BCH. Won't they be shocked to find out they missed the boat.

    Also - Due to SEC reporting regulations, many exchanges here will not deal with us citizens. I am Canadian, thank God. I sign up for an exchange and have to affirm I am not a citizen of Iraq, North Korea, Syria or the US and all of their territories like the Virgin Islands and US Samoa. This is the strangest list of countries to see!

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     5 years ago (edited)

    This is very interesting, I appreciate the article because I did not know the relationship or the interpes of China in BCH
    Certainly, if China succeeded in joining forces with other nations with a large potential market, such as India, or working with old allies, such as Russia, its position within the world of cryptocurrencies would strengthen every day.
    I am not sure if this would be good for cryptocurrencies themselves, but without a doubt it would be good for China as it would allow it to secure a certain degree of control over the new economy.

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     5 years ago 

    This made me think about investing in Bch. I'm watching China's moves on the digital market carefully. Different events may develop.

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     5 years ago 

    This world is for those who work and make strategies, China arrived and positioned herself at the most appropriate time.

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     5 years ago 

    Very smart of China to invest in it. This way it does not only make it grow/stronger but it can control it as well.

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     5 years ago 

    The cryptocurrencies is the future, that there is no discussion, those countries that realized this and quickly adopted their actions taking advantage over others, guaranteed a worldwide position in these technologies, there is the value of taking the initiative and take a chance

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    [-]
     5 years ago 

    @btcmillennial has set 10.000 STEEM bounty on this post!
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    Bounties let you earn rewards without the need for Steem Power. Go here to learn how bounties work.

    Earn the bounty by commenting what you think the bounty creator wants to know from you.

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    Happy Rewards Hunting!

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     5 years ago 

    Congratulations to the following winner(s) of the bounty!

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     5 years ago 

    Hi @btcmillennial

    In countries where electric power is very cheap that tends to be a way of growing, for example in Venezuela the electric cost is very, very cheap.

    But China is growing in that market. and has how to do it thanks to its economic expansion try to diversify ..
    Of course with the permission of the same government.

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     5 years ago 

    They are interesting plays that the great governments of the world have taken. But China definitely went ahead of everyone.

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      [-]
       5 years ago 

      It is interesting to discover that perspective. Then BCH has potential to grow if that correct!

      Posted using Partiko Android

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