China’s Increasing Debt Burden Could Affect the Bitcoin Economy (The Cryptoverse #104)

October 4, 2016 freebtcwebsite Bitcoin News 1

According to the Bank for International Settlements’ credit-to-GDP gap, China could be dangerously close to a banking crisis that could threaten the future growth of Bitcoin, and the entire economy.

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Sources: https://news.bitcoin.com/chinas-debt-burden-stymie-bitcoin-mining/.

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  • Bank for International Settlements
  • Bitcoin Economy
  • China Debt
  • credit-to-GDP
  • Cryptoversity
  • The Cryptoverse

1 Comment

  1. I have a question; If significant number of Chinese miners stopped mining suddenly, would it have any effect on the bitcoin price and the bitcoin transaction fee?

    Reply

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