Two weeks ago, Peter Thiel accused China of using Bitcoin as a financial weapon. This week, Xiaochuan Zhou and Bo Li, ex-governor and current deputy governor of the Central Bank of China respectively, after years of silence on Bitcoin, voiced their views on Bitcoin, the king of crypto.
Who knows how much Thiel’s argument led the Chinese government to re-evaluate its stance on digital assets? But that the government is more prone to talk about the matter at all, shows that they are more receptive to rethinking their antagonistic stance to crypto.
This week’s da bing digs beneath the political jargon, digests the Central Bankers’ conversation and tries to understand whether this is simply a friendly conversation among friends—or, a major bullish change in China’s perception of crypto.
Crypto as an “alternative investment”
Crypto operates in a grey zone in China. Over the years, it has figured out how to stay on the correct side of the red line that cordons off sensitive t
Źródło: https://decrypt.co/67518/is-china-rethinking-its-stance-on-bitcoin
