WHAT DOES CHINA SAY ABOUT BITCOIN?

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China Warns Banks About Bitcoin

By ED KRAYEWSKI 

The Chinese government has warned banks in the country to avoid Bitcoin, which it says is highly susceptible to being used by criminals and money launderers, and wants transactions registered. The price of a Bitcoin fell after the announcement. Ron Paul, meanwhile, says Bitcoin could become the “destroyer of the dollar” if it starts being used on a massive scale.Read here

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