Seems like. but the advantage they could have is that they would pay less fees and have easier transactions to other countries. ** fees are high and this way they could avoid some probably.
Seems like. but the advantage they could have is that they would pay less fees and have easier transactions to other countries. ** fees are high and this way they could avoid some probably.
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While people have heard of the news of China's crackdown of Bitcoin and other cryptocurrencies. According to them, there is too much fraud going around, but another story seems to be surfacing.
China does not want to stop cryptocurrencies but wants to able to have some control over it, and they are considering to create a Chinese cryptocurrency. They have created their own facebook, twitter, and youtube so why not cryptocurrency.
Apparently, China is not alone, India it seems is considering their own too.
So Are we looking at more cryptocurrencies and what would become of Bitcoin when these countries have their own cryptocurrencies?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (2 )