JayJuanGee
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How much alt coin diversification is needed? 0%?


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March 29, 2014, 04:49:54 AM

Wow, reading Rui Ma's interview, I am very impressed with the vigor of the bitcoin startup community in China.  They are going to add an enormous amount of value to the BTC economy, on a very accellerated schedule.  They seem to have a huge advantage over U.S. entrepreneurs in this space.

I admit I have rather resented the rumors and the IP issues, the scams and the mining competition coming out of China, but they are also building out infrastructure with a seriously ambitious vision, and substantial funding.

the chinese are doing this in a lot of areas.. including investing in gold and investing in high speed trains and that is another reason we have to take with a grain of salt these claims that chinese dont like bitcoin... they love it... and they want to move away from the dollar as their investment vehicle...