Grateful that China is so bullish on #gold rather than #Bitcoin.
Having said that, they likely have *some* kind of #btc strategy up their sleeve. 🤨
Discussion
Of course they have a bitcoin plan. The "ban" was actually just the nationalization of mining in China. Look at hashrate and tell me that China isn't mining...
Good point. But then openly mining and/or HODLing Bitcoin, like they are doing with gold, would push the price way higher. So I'm glad they're not doing that
Mining bitcoin is a matter of national security at this point. Any nation that intends to remain sovereign needs to be doing it.
They dont have any gold for the amount of people living in china.
They are a lot to say about gold + china : ==> Wuhan Kingold Jewelry Inc in 2020 XD