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CRYPTO 101

Ep. 26 - China FUD - Why Not To Worry

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 16 September 2017

⏱️ 18 minutes

🧾️ Download transcript

Summary

*** this is not financial or legal advice*** Should you worry about China banning exchanges? Long story short.... NOPE! Show Links: CRYPTO101podcast.com Patreon: www.patreon.com/user?u=8429526 Twitter: twitter.com/Crypto101Pod twitter.com/BrycePaul101 twitter.com/PizzaMind www.instagram.com/crypto_101 Facebook: https://www.facebook.com/groups/101Crypto/ https://www.facebook.com/CRYPTO101Podcast/ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Music: https://www.youtube.com/watch?v=wPhTjHbAKw4 Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0

I've been wedding all this time.

0:03.6

So this a tin is my one crime.

0:06.7

Take a step which way to go with no permission from a home.

0:12.2

And I live with no disease.

0:14.4

My backseat's got remedies.

0:17.7

I'll be part of history.

0:20.0

Yo, yo, welcome to Crypto 101.

0:21.6

This is Matthew Aaron.

0:23.6

YouTube, Tumblr, Google, Uber at one point, Tinder, porn, WordPress, SoundCloud, Spotify, Twitter, Instagram.

0:41.1

What do they all have in common?

0:43.7

They are all banned in China.

0:46.6

So is anybody surprised that something that is global, that is gaining traction,

0:51.8

that China is going to come down and start trying to control it

0:54.3

and ban it and do their own thing. Is anybody surprised, or would anybody be surprised if China comes

0:59.7

out with China coin to facilitate it all? Would anybody be surprised if Neo is the one to lead the

1:06.1

charge and be the company that is propped up by the Chinese government to be the smart contract,

1:11.9

smart economy, to link the central bank to all of the payment apps that they already have,

1:17.8

would anybody be surprised?

1:19.2

I wouldn't be.

1:21.1

First, it's smart.

1:22.9

It's smart of China to do that.

1:24.5

Ban it.

...

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