RE: Is the Chinese Yuan Really Driving Bitcoin Up?

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Is the Chinese Yuan Really Driving Bitcoin Up?

in china •  8 years ago 

Absolutely. Look at the Chinese billionaires desperately trying to find ways to get their money out of China. For a time, and quite often, BTC is more highly valued in China for that very reason. People are buying up and selling elsewhere.

china
8 years ago by

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      ·  8 years ago 

    Well, the article I shared holds a much more nuanced view and is far from claiming such a certainty :) Give it a read!

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