China Can’t Get Enough Bitcoins

By March 11, 2015Bitcoin Business

Photographer: KAREN BLEIER/AFP/Getty Images As if Zhou Xiaochuan didn’t have enough to worry about, China’s central bank governor now has a bitcoin problem on his hands. In a new report, Goldman Sachs says the yuan is now used in 80 percent of transactions into and out of the cyber currency, topping the dollar, yen and euro. Given that the Communist Party’s highest priority is stability, and the rampant use of bitcoin represents nothing if […]

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