Kevin Bae

Non-Social in a Socially Networked World

Tag: bitcoin

  • No Bitcoin for you!

    No Bitcoin for you!

    China makes crypto transactions illegal. Is this the first nail in the coffin for cryptocurrencies?

  • China digitizes the Yuan

    Don’t confuse this with cryptocurrencies though. The Chinese version is just a digitization of their traditional currency… the Yuan. The Chinese government will know details about every single transaction and they will be able to use this to control their population. If your social score isn’t sufficiently high they’ll shut off your money spigot. They’ll…