China has had a strange relationship with Bitcoin and blockchain. For many years, the threat of a government ban on Bitcoin has affected the price. There is no doubt that there is an interest in the technology however, with many entrepreneurs in the industry hailing from China. Blockchain in China is expanding, and the country could become world leaders if the government pursues an aggressive strategy.
Should China invest heavily in the blockchain industry, there would be little doubt about the country’s capabilities. Already the nation has shown its prominence in creating industry leaders in the space. Were it to aggressively pursue a blockchain-based strategy, it could become a world leader in a matter of years. Find out more by reading this article.