[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
USA government debt ceiling
On Tue, 20 Oct 2015 19:32:46 -0600
Mirimir <[email protected]> wrote:
> On 10/20/2015 04:29 PM, Juan wrote:
> > On Tue, 20 Oct 2015 17:38:39 -0400
> > grarpamp <[email protected]> wrote:
> >
> >> On Wed, Oct 14, 2015 at 10:41 AM, Cari Machet
> >> <[email protected]> wrote:
> >>> Presently the chinese see the futility of the system and are
> >>> shifting i cant remember into what exactly
> >>
> >> Bitcoin.
> >
> > And your source is?
>
> 2015-10-20: https://www.bitcoincharts.com/charts/volumepie/
Thanks. I wasn't aware that ~70% of btc trades are denominated
in chinese fiat. Assuming the data is correct (which seems to
be debated)
Anyway, the original discussion was about the US and chinese
governments manipulating their own monopoly tickets.
The chinese government isn't moving away from fiat although
there seems to be rumours of them linking the yuan to gold
somehow.
As to common people in china, maybe they are buying more
bitcoins (and gold?), but the amount of fiat that's been turned
into btc isn't exactly big, I would guess. So, saying that the
chinese are shifting into bitcoin seems overly optimistic.