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A comment on China orders Bitcoin exchanges in capital city to close. Parent comment

Re:China orders Bitcoin exchanges in capital city to close by eightysixfour on Tuesday September 19, 2017 @12:31PM (#15286121)
The CCP's concern is that once people get wealthy in China, they want to leave China with the money.
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Re:China orders Bitcoin exchanges in capital city to close by booleanbetrayal on Tuesday September 19, 2017 @12:37PM (#15286185)
It's a legitimate concern rooted in past precedent. I also think this is partly why you are seeing large expenditures aimed at green-tech, etc. If you can turn around some of the social ills (namely pollution), you can stem the flow a bit.
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Re:China orders Bitcoin exchanges in capital city to close by vkou on Tuesday September 19, 2017 @12:41PM (#15286222)
It's not just quality of life. A lot of wealthy people have at least some exposure to criminal behaviour, and are not keen on being swept up in white collar prosecutions.
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Re:China orders Bitcoin exchanges in capital city to close by jiggunjer on Tuesday September 19, 2017 @01:11PM (#15286527)
Makes me wonder why Canada isn't run by triads yet.
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