Yi Gang said: Will not recognise the legality of Bitcion

Discussion in 'Digital Currencies' started by asdfghjkl32, Nov 22, 2013.

  1. asdfghjkl32

    asdfghjkl32 Member

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    Yi Gang is the Director of the State Administration of Foreign Exchange and Deputy Governor of the People's Bank of China.

    Edit: change to correct person.
     
    asdfghjkl32, Nov 22, 2013
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  2. Load of Bullion

    Load of Bullion Well-Known Member

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    Ho hum it goes without saying..
     
    Load of Bullion, Nov 22, 2013
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  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Link please.
     
    mmm....shiney!, Nov 22, 2013
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  4. Earthjade

    Earthjade Member

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    Can't find anything to that effect either.

    But Bitcoin is an exchange of value, it doesn't need governments to recognise its legality.
    All it needs is for governments to stay out of the way which, of course, is going to be impossible once they understand what Bitcoin truly is and what it can do.
     
    Earthjade, Nov 22, 2013
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  5. asdfghjkl32

    asdfghjkl32 Member

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    asdfghjkl32, Nov 22, 2013
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  6. asdfghjkl32

    asdfghjkl32 Member

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    asdfghjkl32, Nov 22, 2013
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  7. trew

    trew Active Member Silver Stacker

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    Bingo.

    Cocaine was once legally used in lots of things - like cola !
     
    trew, Nov 22, 2013
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  8. Load of Bullion

    Load of Bullion Well-Known Member

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    Bitcoin is an "f---y--" to the establishment. There is risk, such is life. There are tons of humans prepared to bend over for authorities, such is life.
     
    Load of Bullion, Nov 22, 2013
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  9. asdfghjkl32

    asdfghjkl32 Member

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    asdfghjkl32, Nov 22, 2013
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