China just did BTC a favor in acknowledging that the exchanges are legitimate businesses that the gov’t recognizes.

For those of you that are down from buying lately stay long. The crashes become excellent advertising and all news is good news in the long run. There has been no changes to the protocol and BTC is as solid if not more solid then ever. This will advertise to the other Chinese that this is an excellent way to move your money out of the Chinese currency.

submitted by /u/Vapor114
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