News for hackers. Stuff that matters.

A comment on Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal. Parent comment

Re:Bitcoin Tumbles as PBOC Declares Initial Coin Offerings I... by gnaritas on Monday September 04, 2017 @05:37PM (#15171011)
If China could effectively ban bitcoin, they'd have done so long ago; they don't because they can't enforce it and they know it and it's better to look like you don't care that to show that you don't have the power.
[ Parent | on HN ]
Re:Bitcoin Tumbles as PBOC Declares Initial Coin Offerings I... by flunhat on Monday September 04, 2017 @05:45PM (#15171044)
China bans a great many things, even if those bans can be circumvented (access to certain political websites being a notable example).
[ Parent | on HN ]