- Oct 17, 2014
- 8,612 (3.36/day)
The People's Bank of China on its website wrote that all cryptocurrencies, including Bitcoin and Tether, are not fiat currency and cannot be circulated on the market....
Elsewhere, China's economic planning agency said it is urgent that the country root out crypto mining and the crackdown is essential in its efforts to meet carbon goals.
It's nice to see some countries still care about climate change.
It will only take a few more countries of the 1st world level of market power to declare the same thing for BTC and all crypto to be at less $5 a coin within two weeks. Sadly, there is too much corruption in most 1st world governments, so this will never happen. @lexluthermiester
Bitcoin is breathing new life into another ailing power plant.
Added this just because... yeah... what a pathetic existence... humans = capable of so much, yet so little.