Close sources in china have announced a plan to shut key bitcoin exchanges in china. On the other hand Dubai has announced purchases of property in prime area in exchange of bitcoins.
I am sure both the countries have weighed the pros and cons of the bitcoins to come up with that decision.
I see huge prospects for dubai as conce called a country of desert and 
now an international hub and on the other hand decisions like this will only disrupt the economy of china and there will be a setback in their growth.
The communists are not well planned when banning bitcoins as the people in china know the potentials of the bitcoins hence they will travel to other countries to invest and this will disrupt the chinese economy more.
Happy investing!!!!!
know your coins before investing.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit