China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”

Re:China Bans Bitcoin Executives from Leaving Country, Miner... by rumcajz on Wednesday September 20, 2017 @12:39AM (#15290900)

Here you go: Have you ever heard of capital flight from Russia? Oligarchs sell oil then then purchase houses in London or Manhattan. The country is gradually hollowed out. China, OTOH, is trying to keep the money at home.

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Re:China Bans Bitcoin Executives from Leaving Country, Miner... by tvanantwerp on Wednesday September 20, 2017 @07:18AM (#15292487)

China might have an easier time discouraging capital flight if it weren't the sort of place where entrepreneurs have to worry about their entire industries becoming illegal and possibly finding themselves in jail overnight.

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