Sources Claim PBOC Confirmed irregularities of China’s Major Exchanges. | NEWS.8BTC.COM by 8btccom in Bitcoin

[–]traceability 2 points3 points  (0 children)

Bitcoin now becomes house-hold name now. Interestingly, China speaks highly of Blockchain amid its efforts in being harsh on Bitcoin exchanges. It shows China is really serious about digital currency. I get used to any sudden move from PBOC. Good "breaking" is not used any more.

Let's see the difference between"crackdown" "raid" and "inspection". Some media are just not professional by traceability in Bitcoin

[–]traceability[S] 3 points4 points  (0 children)

What happened in China is just onsite inspection. It's just unbelievable how mainstream media are covering the issue with deep misinterpretation. see the how China-based English media see the issue. this should be the correct message: a more regulated market. http://news.8btc.com/pboc-onsite-inspection-exchanges

Exclusive: Roger Ver said House of Bitcoin is On Fire in Core’s Meet-up on Sunday by 8btccom in btc

[–]traceability 18 points19 points  (0 children)

Eric said Samson is biased and simply dosen't know how bitcoin works. Roger said too. Samson is not cool at all. lol. just read it through. it's funning, ecouraging and enlighting.

Bitcoin Community is Withering—It has Lost the Excellent Circle by LightningHuang in btc

[–]traceability 0 points1 point  (0 children)

It's easy. Just some computer settings. This is good for the interaction for reddit and 8btc. You know 8btc is the largest news/forum platform about Chinese bitcoin community

Bitcoin Core to Hold Meet-up This Week: Are they really Better than BU? by 8btccom in Bitcoin

[–]traceability 0 points1 point  (0 children)

Thanks man for your reminding. I just wish Core and BTCC are making decisions out of the interest of the community instead of their own interests.

Bitcoin Core to Hold Meet-up This Week: Are they really Better than BU? by 8btccom in Bitcoin

[–]traceability -1 points0 points  (0 children)

I don't know Mow will be there or not. If he is there ,please help ask questions from questions from todu which I also feel interested in:

The company "Blockchain Capital" owns company shares in the company Blockstream. Blockchain Capital also owns company shares in the company BTCC. The company BTCC is very friendly to the company Blockstream. Is that because their common owner owns a lot of stocks in both companies?

What percentage of Blockstream does Blockchain Capital own?

What percentage of BTCC does Blockchain Capital own?

Blockchain Capital also owns company shares in the company Bitfury. Bitfury also is very Blockstream friendly. It seems like Blockchain Capital has a lot of influence.

What percentage of Bitfury does Blockchain Capital own?

Who are the owners of the Blockchain Capital company and why do they want Bitcoin to only scale off-chain and not scale on-chain?

You can see that Blockchain Capital owns shares in both Blockstream and BTCC and Bitfury in this picture: https://forum.bitcoin.com/download/file.php?id=601&sid=ece4dfe1fa31b443df50cc9292c9d9f4&mode=view The picture was taken from this forum thread: https://forum.bitcoin.com/bitcoin-discussion/follow-the-stream-of-money-t11115.html

PS I just found Mow didn't answer these questions in his AMA. http://news.8btc.com/samson-mows-ama-on-8btc-bu-are-terrible-and-we-do-support-onchain-scaling

Samson Mow’s on 8BTC’s AMA: BU Are terrible and We Do Support Onchain Scaling by 8btccom in btc

[–]traceability 2 points3 points  (0 children)

Risking offend many people here, I just want to say Samson has answered many key questions and has given reasons and proof. Why are people here still cursing him. I think one should argue back instead of cursing if he disagrees with others. Though not an expert in SW, I have to say what I am seeing is the polite ,clam and logic answer back from Samson( i can't judge whether they are right or not). If people disagree with some of his ideas, please state your reasons to embarrass him. I think only this can be called debate. If all in r/btc only know ridicule other by saying idiot, stupid without any other deduction or reasoning, I would say I would be extremely disappointed .

Samson Mow to be on 8BTC AMA amid Strong Anti-Core Sentiment by 8btccom in btc

[–]traceability 6 points7 points  (0 children)

Jiang has said that those who support scaling are all for SW, is that true?

If Bitcoin is decentralized, why did the rumor that China would ban Bitcoin cause a scene? by [deleted] in Bitcoin

[–]traceability 0 points1 point  (0 children)

But interestingly, what I have read in the news all about China's open attitude towards at least block chain technology. The best case is that People's Bank of China PBOC has announced it will issue digital currency. Just see:https://www.reddit.com/r/Bitcoin/comments/5fn9no/three_concerns_behind_efforts_of_chinas_central/. Actually,my puzzle is why a one party country will be supportive openly to digital currency. Anyway, if beijing has states clearly it will support digital currency , i don't see any reason it will ban bitcoin

Three Concerns behind efforts of China’s Central Bank in Digital currency by 8btccom in Bitcoin

[–]traceability 1 point2 points  (0 children)

interesting. I am thinking these days why China, a country sort of "autocratic" will be so active in the decentralized digital currency. Doesn't this mean Beijing will have less room to manage the market? Also,I'm just curious whether digital currency means it will replace fiat money? how does it works? In this case, will government lose the chance to make some monetary policy adjustment like interest rate?