Quote from: indiamikezulu on December 17, 2017, 04:08:29 AMBlown my mind again Mark
I don't recommend the article, but this phrase struck me as apt:
'Putting money into any cryptocurrency isn't an investment. It's a vote.'
http://www.zerohedge.com/news/2017-12-16/stop-treating-bitcoin-stock
Okay, next: 'a nexus of money-laundering' — check the date on the article: https://www.theguardian.com/world/2015/apr/23/how-chinas-macau-crackdown-threatens-big-us-casino-moguls-sheldon-adelson But I understand the 'laundering' in question here is the chance to move Yuan 'beyond' the Chinese system — that is, into U.S. cash.
Okay, next: https://www.cryptocoinsnews.com/mrs-watanabe-driving-bitcoin-price-higher-deutsche-bank/
What I suggest is going on in Japan is a little different from what the article is outlining. The real point to focus on here is that the pre-Bitcoin-forex trading, and now the crypto-trading dynamic, represent ways in which ordinary Japanese can do what the rich Chinese were doing in Macau: _expressing distrust of their national financio-economic model. It's a vote.
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