News for hackers. Stuff that matters.

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 TaylorGood on Tuesday September 19, 2017 @12:37PM (#15286187)
The government control in China is a driving force to spread your capital outside. Remember, average citizen can only transfer out $60k per annum. Not much.
[ Parent | on HN ]
Re:China orders Bitcoin exchanges in capital city to close by evbots on Tuesday September 19, 2017 @12:44PM (#15286258)
Sure, but I can imagine that wealthy western investors also want exposure to growth in China (capital inflows).
[ Parent | on HN ]