Bitcoin Headlines to Millions in Chinese State Daily

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This morning bitcoin was making the headlines in a Chinese state newspaper as the bullish momentum gathers pace in Beijing’s blockchain drive. Bitcoin On The Front Page Reports are circulating on crypto twitter that Monday’s edition of the official state-run publication of the People’s Republic of China, Xinhua, featured an article titled The article was first noticed by Sino Global Capital CEO Matthew Graham who posted it; Chinese state newspaper today (Xinhua) Bitcoin: The First Successful Application of Blockchain Technology — Matthew Graham (@mg0314a) November 11, 2019 The piece was not all full of compliments however and opened with this line according to a translation: “First of all, Bitcoin is not a tangible currency. It is produced and operated on the Internet … [Unlike] banknotes [which are] supported by national laws and sovereign credit, Bitcoin is completely born in the modern technology Internet era.” This was to be expected…

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