[ExI] Buy! Buy! Buy! (Bitcoin again)

[Kelly Anderson]

On Wed, Dec 18, 2013 at 4:53 PM, Stathis Papaioannou <stathisp at gmail.com>wrote:

> On 19 December 2013 06:27, Kelly Anderson <kellycoinguy at gmail.com> wrote:
> If governments decide they don't like bitcoin it would be relatively
> easy to shut down the exchanges and forbid its use in retail
> transactions, as China has done. Bitcoin might survive, but at a much
> lower price.
>

China's problem was that people were using Bitcoin as a way to export their
personal wealth. Their centralized control of the Yuan and its official
exchange rate was being undermined by Bitcoin.

I am not aware of a ban on retail transactions. Where did you get that
information? The stories I have been reading say that the exchanges simply
stopped accepting Yuan because the government said they couldn't.

-Kelly
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