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RE: Breaking: China To Shutter All Bitcoin Exchanges - An Interview with Simon Dixon of Bank To The Future

in #bitcoin8 years ago

@protoken This will greatly affect trading platforms because there will be a Transfer of Supply. You will notice this in some exchanges wherein new coins listed are from the Chinese Markets and cryptoinvestors are switching platform and taking precautionary measures. A demonstration of decentralization is in play. Surely, China wants to know how the market adapts and learns from it. I think years to come, China will wholeheartedly accept these Exchanges again because banning it won't stop Bitcoin and Altcoin's success.