Re:China orders Bitcoin exchanges in capital city to close
by partiallypro on Tuesday September 19, 2017 @02:21PM
(#15287351)
There is no argument, it's a fact. There is capital flight out of China. Their FX reserves have plummeted because they are trying to support the Yuan from dropping off the side of a cliff.
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Re:China orders Bitcoin exchanges in capital city to close
by AlexCoventry on Tuesday September 19, 2017 @02:41PM
(#15287572)
> Their FX reserves have plummeted
On what timescale? WP says they have $3T, same as 2016.
https://en.wikipedia.org/wiki/Foreign-exchange_reserves_of_C...
Re:China orders Bitcoin exchanges in capital city to close
by partiallypro on Wednesday September 20, 2017 @11:28PM
(#15300388)
Says the very Wikipedia article you just linked?
https://www.reuters.com/article/us-china-economy-forex-reser...