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Ponzi scheme or money revolution? Chinese perceptions of cryptocurrency and bitcoin

Chinese perceptions of cryptocurrency and bitcoin

Bitcoin had a more than 300% surge since 2020. Naturally, cryptocurrency has gained tremendous attention from various stakeholders in China. Additionally, massive capital is flowing into cryptocurrency market in China. With the heating up value on bitcoin, Chinese netizens debate whether cryptocurrency is a massive Ponzi scheme that produces a meaningless output, or if it […]