11-17-2019, 12:48 PM
Bitcoin's Government Enemies Are Planning Their Revenge
After a decade of being outsmarted by the crypto crowd, state powers will find new ways to co-opt and disrupt anarchic digital money.
By
Lionel Laurent
November 4, 2019, 2:30 AM EST
![[Image: 360x-1.jpg]](https://assets-bwbx-io.cdn.ampproject.org/i/s/assets.bwbx.io/images/users/iqjWHBFdfxIU/i92N2zUv8WzQ/v1/360x-1.jpg)
Next up; ChinaCoin.
Photographer: PIERRE TEYSSOT/AFP
China loves the blockchain, and the blockchain loves it back. Despite the People’s Republic having the least free internet in the world, and a ban on cryptocurrency trading, the Communist Party’s endorsement of the technology last month sent Bitcoin prices soaring almost 30% in a few days.
After a decade of being outsmarted by the crypto crowd, state powers will find new ways to co-opt and disrupt anarchic digital money.
By
Lionel Laurent
November 4, 2019, 2:30 AM EST
Next up; ChinaCoin.
Photographer: PIERRE TEYSSOT/AFP
China loves the blockchain, and the blockchain loves it back. Despite the People’s Republic having the least free internet in the world, and a ban on cryptocurrency trading, the Communist Party’s endorsement of the technology last month sent Bitcoin prices soaring almost 30% in a few days.