Once upon a time, China was the leader in bitcoin mining, accounting for an estimated 71 of the bitcoin mining market. But that bubble burst in September 2017 when the Chinese Central Bank completely banned all ICOs. In spite of the ban, Bitcoin has managed to flourish, increasing by over 144 since the ban. Still, China isn&8217t worried. According to the PBOC, Bitcoin is dying. Speaking at a financial forum in Shanghai over the weekend,nRead MorenThe post People&8217s Bank of China Depu

Source and More information: Peoples Bank of China Deputy Governor Bitcoin is Dying

Author: CryptScout.com