China's fast descent into totalitarianism is fascinating and scary. One can easily replace 'bitcoin executives' with 'foreign executives' or 'foreign assets' and see where this is going. I wonder if those companies that choose to outsource all the jobs in their country to China realized what they've done.
China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
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Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#12Is it just me or has China been doing some crazy regulatory stuff recently. Idk if there's an overall mosaic I'm missing or if these are unrelated.
China's economy is crashing, and Chinese government is panicking.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#13All comments so far have been pro-bitcoin... does nobody think this could actually be a sensible decision?
HN like Bitcoin because it is cool. HN hates government intervention in general. The outcome is pretty predictable.
Also, the comment you are responding to complained about all of three pro-bitcoin comments (Two top level) that were all posted less than 3 minutes before his.
This seems a little unfair to me as it's possible that this thread was likely buried (hence no replies for >1h) and just surfaced to the top of HN.
I speculate there's a lot more resentment on HN towards cryptocurrencies than you might expect.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#14China's fast descent into totalitarianism is fascinating and scary. One can easily replace 'bitcoin executives' with 'foreign executives' or 'foreign assets' and see where this is going. I wonder if those companies that choose to outsource all the jobs in their country to China realized what they've done.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#15Earlier quoted context omitted.
China's economy is crashing, and Chinese government is panicking.
Can you give any more details on "China's economy is crashing"? I must admit I haven't heard anything negative about their economy, thought it was on the up and up.
https://www.google.com/amp/www.telegraph.co.uk/business/2017...
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#16China's fast descent into totalitarianism is fascinating and scary. One can easily replace 'bitcoin executives' with 'foreign executives' or 'foreign assets' and see where this is going. I wonder if those companies that choose to outsource all the jobs in their country to China realized what they've done.
honest question, hasn't it been totalitarian for like the past 70 years?
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#17Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#18China is a closed economy, it makes sense that they would put a ban on a technology which outside of speculative investment is largely used to facilitate money laundering.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#19China's fast descent into totalitarianism is fascinating and scary. One can easily replace 'bitcoin executives' with 'foreign executives' or 'foreign assets' and see where this is going. I wonder if those companies that choose to outsource all the jobs in their country to China realized what they've done.
Re: China Bans Bitcoin Executives from Leaving Country, Miners “Preparing for Worst”
#20Earlier quoted context omitted.
Can you give any more details on "China's economy is crashing"? I must admit I haven't heard anything negative about their economy, thought it was on the up and up.
Exactly it can't keep going up and up. https://www.google.com/amp/www.telegraph.co.uk/business/2017...