Chinese scholars agree on merits of Bitcoin
China has been a rather chaotic place for Bitcoin (BTC) investors, traders, and miners for years, with the country making headlines in 2013 for banning activity related to the cryptocurrency. The ban has, however, not been total and BTC has maintained a presence in China throughout the years. Additionally, contrary to popular perception, the People’s Republic has been very involved with investigating and developing blockchain technology, as best exemplified by the work done on the digital yuan but also by other actions such as the release of plans for national Web3 development in late 2023. Picks for you ‘Nvidia of crypto’ flashes buy signal; $200 on the horizon 2 hours ago Horizen partners with Gateway to boost leading Web3 projects 3 hours ago Ripple v. SEC case update as of May 6, 2024 4 hours ago Bitcoin or Gold? We asked ChatGPT which asset is a better buy for summer 2024 19 hours ago In 2024, China will continue work on developing a ...