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December 16, 2013, 09:07:37 PM

How does the Chinese government proclaim to everyone through government videos, the great and amazing Bitcoin, only to outlaw its use a few months later?
I think they like bitcoin as a reserve currency versus the USD, but not as an escape against capital controls.  So they want to make sure they have all the info on people holding them.

Thats right.... thats why they will remove btc from being used as currency (no tax evasion)

Then remove 3rd party payment system.... easier to check/trace identities.


Heck did you guys know in China, registering ISP account requires government ID?

Even using public internet requires government ID....

Of course, fucking and making too many babies requires a government ID.