You are viewing a single comment's thread from:
RE: China's last bid to curb capital outflows - Crypto markets must observe the important date : July 1st!
Actually, Chinese people are really quite crypto-savvy, every young person under the age of 40 I have spoken to knows about Bitcoin and more recently ETH. This is not the case outside of China.
I would agree vs the US....are they investing....adopting....using at this point?
Some are becoming mid term investors, if they can pick up enough reason to hold long term, then I think we'll see increased use. The problem is, the incumbent remittance services are actually very well integrated into society, and extremely efficient, albeit centralised. It will be difficult at this point to use bitcoin, atleast for micropayments.
i see....so you see them more as trading vehicles....them maybe some investment as a "store of value"....thank you in advance