4 facts about China, the largest country supporting the currency of bitcoin
Fate of bitcoin in Chinese hands
The digital currency of Peking is very popular in China and there are more than 9 currency exchanges in the world's second-largest economy today, Huobi, OKCoin and BTC China may be the names.
As China's central bank continues to tighten pressure on these exchanges to avoid inflows of capital out of the market to other markets in the world and thus have bad effects on China's financial system, the overall bitcoin has a good time in the People's Republic of China.
There are many facts that you do not know about the reality of this currency in China, which we will address in this article:
The Chinese have a conviction that KFH is fertile ground for profit
Apart from the local and international stock markets, the traditional currencies and the commodities traded on the stock exchanges, there are many other areas of investment, including the currency of bitcoin, which people prefer there to a great extent and view it as a fertile and rich of opportunities and investment is very wise.
This is confirmed by the Chief Executive Officer of BTC China, Mr. Bobby Lee, who confirmed that this currency is attractive to millions of Chinese and is still spreading very rapidly, including forcing the Chinese government to leave the sector continuously and monitor the activities of stock exchanges and ensure that it does not Are involved in illegal activities such as the financing of terrorism and money laundering.
bitcoin mining is popular in China
Mr. Bobby Lee confirmed to the global media that there is a large spread of the issue of the mining of the bitcoin in China, and there are a lot of Chinese blogs and sites specialized in this area, which give secrets and good ways and help people to create wealth through this process.
Although it takes a great time and the mining process is complex and not easy, it also seems unprofitable but there are professionals who can get more than one unit at a logical time.
More than 70% of mining operations take place in China
In a report published by the BBC over the past months confirmed that 70% of the mining operations bitcoin in China, which is very meaningful.
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It is evidence of the popularity of this activity in China and the participation of millions of people in it, and the number of people in China is large and helps the country's superiority in the production of this currency.
The currency of the bitcoin after the crash of the Chinese stock market in 2015
The crash of the Chinese stock market in August 2015 has been a major boost for investors to seek safe alternatives to domestic and global financial markets that are prone to collapse.
Many Chinese investors know that global markets are also likely to collapse later in 2017, so they accept buying the currency.
End of article:
At this time when the currency of the bitcoin is the best time and worth the value of gold for the second time since 2013, Chinese people look more happy people with this news at a time when the Central Bank of China watching the nine major stock exchanges of this currency and urges them to beware of any mistake that may threaten the Chinese financial system And with him the world.