Msg. 34930 of 47202 (This msg. is a reply to
34929 by
monkeytrots)
Jump:
MT> I do suspect, however, that the Chinese gubmint did it heavily whilst still profitable -
Or,
I heard a rumor that N. Korea was using bitcoin as a
means to evade sanctions . . . and that China was
shutting it down to stop that. My source (Strategy Page) also thinks China is irritated with phat boy
because he does not show proper respect. (To China.)
But the Chinese government making money off the
scam does make sense.
Zim.
What surprises me is that the CIA and other 'huge' gubmint agencies haven't already mined bite-me-coins out of existence.
I do suspect, however, that the Chinese gubmint did it heavily whilst still profitable - and that is what is now behind their shutting down all miners in China and trading in bite-me - they've gotten their money, and want to make sure that they, and the rest of their economy, get out at the peak/near-peak of this massive pump-and-dump Ponzi scheme. They already KNOW it is a fraud - and got a huge share of the fraud profits.
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