I find it really hard to know which way the actual wealth is flowing.
The money goes round in circles so I can't see which side if the `line'
and which the `load' to use electrical terms. I'd have to venture a guess
that in the case of bitcoin, the USA is primarily acting as the line
because they're the ones getting the most upset about it.

Thanks,
Caleb


On 11/22/2013 04:47 PM, Amir Taaki wrote:
> Beyond the Branson news is a hidden gem from the deputy governor on behalf of the Bank of China.
>
> http://sinosphere.blogs.nytimes.com/2013/11/22/bitcoin-gets-a-cautious-nod-from-chinas-central-bank/?_r=1&
>
> This is really interesting considering their history against QQcoin, and against the entrepreneur who was outcompeting banks with private lending.
>
> This announcement comes after the US senate hearings in which there was a plea to protect American jobs and business which are moving to China.
>
>
>
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