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What To Watch For In China’s 5-Year Plan As Economy Shifts To Self-Sufficiency (#GotBitcoin?)

China’s top policy makers meet next week to hammer out the country’s future economic blueprint, offering clues on how the leadership plans to pivot the world’s second-largest economy to be more self-sufficient. What To Watch For In China’s 5-Year Plan As Economy Shifts To Self-Sufficiency (#GotBitcoin?)

What To Watch For In China's 5-Year Plan As Economy Shifts To Self-Sufficiency (#GotBitcoin?)

The four-day meeting of the Communist Party’s Central Committee will take place behind closed doors from Monday in Beijing. Known as the plenum, the discussion this year will focus on the framework for China’s 14th five-year plan that runs from 2021 through 2025, as well as the vision and targets for the next 15 years.

The finalized plan won’t be made public before being formally approved by China’s legislature, the National People’s Congress, in March. However, some of the details may emerge via state media once the plenum ends.

Facing heightened tensions with the U.S. and a virus-battered world economy in recession, a central question around the plenum will be how China can draw on domestic sources to sustain its growth.

Here Are Some Key Themes Investors Are Watching Out For And How They’re Trading On The Information:

Dual Circulation

In the coming five years, policies are expected to be formulated around the idea of “dual circulation” raised by President Xi Jinping, in which China is seeking to create a more self-reliant domestic economy supplemented by external trade.

Domestically, the strategy would require China reshaping its production to satisfy local demand and bolster consumption.

What Bloomberg’s Economists Say

“An emphasis on encouraging domestic circulation would not signal that China is closing its doors on the world. We expect the plan to encourage two-way trade and promote services trade.”

Chang Shu, Chief Asia Economist

On the external side, China is likely to continue opening up its markets, including easing restrictions that bar foreign investors from certain industries — known as the negative list — and lowering tariffs and non-tariff barriers on imports.

Growth Target

Analysts are watching closely whether officials will set a specific target for gross domestic product growth in the five-year plan or give a broad description of the goal. The government didn’t set an annual growth target this year amid the uncertainty unleashed by the coronavirus pandemic. The previous five-year plan set an average growth target of above 6.5%.

“Current market estimates are for a growth target in the range of 5-5.5%, while we think 5% would be a reasonable number, with China needing 4.5% annual GDP growth to achieve high income status by 2025,” Morgan Stanley economists led by Robin Xing wrote in a note this week.

2035 Blueprint

This year’s plenum will also feature discussions around China’s economic trajectory over the next 15 years. The 19th Party Congress in 2017 set out a vision for China as a “modern power” by 2050, with the first stage of that process running from 2020-2035, focusing on areas like technology innovation, expanding the middle-income group, and improving the environment.

“For the 2035 blueprint, it indicates that China’s policy making becomes more long-term oriented, and that investors could expect more continuity and certainty of policies in the upcoming 15 years,” said Liu Peiqian, China economist at Natwest Markets Plc in Singapore. “

However, it is more of a political guideline than a basket of detailed measures. The wording of it might look vaguer compared to the five-year plan.”

Technology Innovation

Beijing has made no secret of its ambitions to vault into the upper echelons of technology — in fields from artificial intelligence to semiconductors and next-generation networking — but those objectives will garner more attention than ever before at a time of intensifying rivalry with the U.S.

Global industry watchers will scrutinize Beijing’s blueprint for details on how it plans to funnel investment into cutting-edge fields from so-called third-generation chip-making to quantum computing and AI applications.

Outside of China, tech players will be watching for hints of strengthening techno-nationalism: whether the country is considering opening up its long-shuttered internet industry, for instance, or intends to further tighten its grip on online content and the phenomenal amounts of data critical to training AI algorithms and supporting domestic innovation.

Carbon Goals

Xi’s surprise announcement last month that the world’s biggest polluter plans to be carbon neutral by 2060 has upended energy policy in a country that relies on coal for more than half its power.

The five-year plan may see China accelerate its adoption of clean energy. The current goal is to derive as much as 20% of primary energy use from non-fossil fuels by 2030, but one option under consideration is to bring forward that target to 2025, people familiar with the discussions told Bloomberg last month. That would require a major increase in wind and solar installations over the five years.

The prospect of five-year plans can fuel speculative stock buying. Chinese renewable energy stocks surged last month on bets Beijing may lift its targets for wind and solar installations during 2021-2025. Xinjiang Goldwind Science & Technology Co. and GCL-Poly Energy Holdings Ltd. jumped in mid-September, weeks before Xi announced his carbon neutral goal.

Other areas seen likely to get policy backing in the next five years include technology, finance and defense, according to Bloomberg Intelligence and Chinese brokerages including China Galaxy Securities Co. Stocks are broadly higher ahead of the meeting, with the MSCI China Index up more than 6% this month and trading near its highest level in 23 years.

In 2015, child-care-related stocks such as infant formula makers and toy manufacturers surged after China ended its one-child policy as part of a five-year plan through 2020.

China Has A Few Things To Teach The U.S. Economy

Fiscal austerity is a relic of the past. Time to spend.

Ever since China’s spectacular economic growth became apparent in the 2000s, people have wondered whether that country’s brand of authoritarian state capitalism has proven superior to the more liberal American model. Until recently, it was possible to dismiss those concerns, but Chinese successes and U.S. failures keep piling up.

If the U.S. wants to maintain both its relative power and its prestige as a model for the world, it needs to make some big adjustments.

China’s rapid growth, by itself, was not an argument for the superiority of the Chinese system. Any country can grow briskly from a very low starting point, if it has the right policies. Whereas developed nations have to invent new technologies to grow, developing countries can copy existing ideas and build up their capital stock.

Even after decades of hypergrowth, and despite having a huge economy in terms of total size, China was and is still much poorer than the U.S. on a per capita basis. The typical Chinese family has a smaller house, fewer cars and less opportunity for travel and entertainment than its American counterpart.

But in recent years, China has shown that it can compete at the leading edge of technology — something most middle-income countries are unable to do. The nation is now a peer competitor with the U.S. in the field of artificial intelligence, and is dominating the global race to build fifth-generation wireless networks.

China is home to the world’s leading drone manufacturer, is building the world’s fastest trains, and is becoming a leader in genetic engineering. It even has a mission to Mars. With innovation like this, it’s hard to argue that China deserves exclusion from the rank of leading nations, despite its still-modest living standards.

In addition to technological wizardry, China is proving adept at managing the types of crises that regularly flummox the U.S. Its huge program of bank-driven stimulus — something that would have been much harder in a country where the state doesn’t control the banks — helped it sail through the 2008 financial crisis with only minor damage. This left China with an overhang of bad debts, but the country is now in the process of cleaning those out of the system

China’s swift suppression of the Covid-19 pandemic also allowed its economy to rapidly recover from the economic devastation — something rich liberal countries have struggled to do. China’s GDP was 4.9% higher in the third quarter of 2020 than in the third quarter of 2019. Meanwhile, the U.S. recovery is losing steam, as yet another titanic wave of coronavirus infections swamps the country.

These successes add up. The Economist, traditionally a bastion of free-market ideas, recently entertained the idea that Chinese leader Xi Jinping may have found a form of state capitalism that really works. While granting the demise of the American model may be premature, it seems likely that the U.S. needs to make some adjustments if it wants to keep up.

The best approach is to do what the U.S. has always done — shore up its weaknesses by selectively adapting its’ rivals’ best ideas. In last century’s Cold War, the U.S. responded to Soviet scientific achievements with a huge investment in research. A similar approach is warranted with China.

The Endless Frontier Act, a bill which would boost federal research spending by $20 billion a year, would be a good first step. Rapid scientific progress in areas like wireless networking, artificial intelligence and energy storage would help preserve U.S. industrial dominance, just as it did in the 20th century.

Also during the Cold War, the U.S. responded to the Soviet Union’s massive state-directed infrastructure push with its own burst of construction, including the interstate highway system and the creation of the suburbs. Government investment surged to almost 7% of GDP.

The U.S. already has much of its infrastructure in place, and certainly can’t match China’s often wasteful construction binges. But it can do much more. In addition to repairing the country’s crumbling roads and upgrading its ports, the U.S. can build a modern national electrical grid that will speed the transition to next-generation energy sources and boost new energy industries.

A national effort to increase density in inner-ring suburbs would create a housing construction boom, and make it economical to build more trains as well.

The U.S. also has to upgrade its human resources. Bailing out struggling universities and extending Medicare to cover all Americans would be important steps in this direction. Crushing the Covid-19 pandemic with public health measures (which are necessary in addition to vaccines) is another urgent task.

All this will require a lot of government spending. But a burst of stimulus, especially when spent on things with long-term economic payoffs like research, infrastructure and more efficient health care, happens to be exactly what the country needs to boost its economy out of its Covid-19 slump. The mindset of fiscal austerity must be left in the past; the U.S. should copy China’s willingness to fight recessions with all necessary firepower, even if its exact methods will necessarily be different than China’s.

China’s model isn’t yet supreme. But if the U.S. refuses to learn from China’s successes and tweak its own system to shore up its weaknesses, the day will come when the world agrees that China found a better way. It’s up to U.S. leaders and voters to prevent that from happening.

China’s Inexorable Rise To Superpower Is History Repeating Itself

The country looks like a latecomer to Americans and other Westerners—but from its own perspective, this is a restoration.

No foreign policy issue will plague the winner of the White House more than China. There’s already a debate raging among China watchers over what Washington’s next steps should be. Some favor a “reset” to tamp down tensions and return to more constructive diplomacy. Others are fearful of that very reset and argue the U.S. mustn’t stray from the hard line.

The choices made by the next administration will be critical. As the U.S. struggles to contain the coronavirus outbreak and restart its economy, China appears to be gaining strength. Its gross domestic product expanded 4.9% in the third quarter, an astounding rebound in a world still mostly mired in a pandemic-induced paralysis. (Official Chinese data have to be taken with several grains of salt, but economists generally agree the economy is rapidly on the mend.)

In its own foreign policy, Beijing has barely flinched under U.S. pressure and instead has become more assertive—enhancing its influence in global institutions such as the World Health Organization, crushing the pro-democracy movement in Hong Kong, turning up the heat on Taiwan, and brawling (literally) with India along their disputed border.

But before the U.S. and its allies can move forward, they have to look back to figure out how the world got to this point with China in the first place. The consensus holds that Washington’s policy of engagement was a grave error that created a dangerous adversary to the U.S. and democracy itself. But that’s certainty born of hindsight.

The West really got China “wrong” by understanding the country’s arrival as a major power within the confines of its own—not China’s—historical experience. Because of that, we in the U.S. and the West talk and think about China the wrong way and craft policies mismatched to the deep historical trends shaping today’s China and its role in the world.

The key is to see the country as the Chinese see it and to place China within the context of its history, not ours in the West. With that, another China emerges that demands a different set of policies. Without this altered understanding of China, Washington policymakers will struggle to contend with Beijing and its intensifying challenge to American global primacy.

The problem starts in high school. Mine, in Clifton, N.J., offered the option of U.S. history or U.S. history. We learned about other parts of the world only when they drifted into the American narrative. China made an occasional cameo: John Hay’s Open Door Policy, or Chiang Kai-shek’s World War II alliance against Japan. A lot of us were probably taught history in a similar manner—through the prism of our own story.

Prisms, though, distort. It just so happens Americans encountered China at one of the darkest points in its history. China in the 19th and early 20th centuries was politically decrepit, militarily inept, economically archaic, and, as Westerners saw it, socially backward. We were left with an image of the country that at best was an unmodern realm of quaint rice paddies and silk-robed mandarins; at worst, a war-torn basket case drenched in destitution and decay.

Sure, we all know something of China’s glittering past—of bejeweled emperors, their grand palaces, and the engineering genius of the Great Wall. But that China is beyond our prism.

That skews the way we describe and discuss China today. We call it an “emerging market,” which it is within the boundaries of our own view. But twist the prism, and Chinese poverty is a fairly recent aberration. The country had consistently been one of the world’s largest economies over the past 2,000 years—and still was well into the 19th century. That’s why Westerners who visited China were awestruck by riches exceeding anything they’d witnessed in Europe.

When the first Portuguese seafarers made their way to Guangzhou in the early 16th century, they gasped at silk flags as large as sails. “Such is the wealth of that country,” reads one contemporary Portuguese account, “such is its vast supply of silk, that they squander gold leaf and silk on these flags where we use cheap colors and coarse linen cloth.”

Rather than something startling, China’s growth into the world’s second-largest economy is a return to the norm. So is the critical role it plays in modern manufacturing and trade. We grouse that China has “stolen” our factories and fret over how much stuff at Target is “Made in China.” Historically, though, the country had been a major manufacturing center and premier exporter, capable of producing valuable goods on a mind-boggling scale.

The Song dynasty (960-1279) experienced a near-industrial revolution seven centuries before England’s. Silk and porcelain, both Chinese inventions, were among the world’s first truly global consumer products, the iPhones of their age.

Centuries before Vasco da Gama felt his way to India in 1498, China was the beating heart of a global economic system, with trade links stretching from South China, across Southeast Asia and the Indian Ocean, to the Persian Gulf and Red Sea.

We also talk of the “rise of China” as if it’s astonishing and unique. Yet China has “risen” many times before. One of the most remarkable features of its history is how frequently the Chinese were able to rebuild their society into a major power after periods of decline, political disorder, and invasion. This latest period of weakness, with China subordinated to the Western world, hasn’t been all that long by the standards of Chinese history.

For the first 300 years of direct and consistent contact between China and the West—beginning in the early 16th century—the emperors retained the upper hand over the seaborne Europeans. It wasn’t until the Qing dynasty’s defeat by the British in the first Opium War (1839-42) that the balance of power swung to the West. From the standpoint of Chinese history, what’s unusual about modern Asia is the dominance of the West, not the return of China as a regional powerhouse.

A much better way to describe the country’s 21st century ascent is as a “restoration,” not so unlike the many imperial restorations of the past. The current regime, though not a dynasty topped by an emperor (at least officially), is rebuilding the traditional pillars of Chinese greatness—economic, political, military, and (less successfully) culturally—much like the Tang, Song, or Ming dynasties had in their day.

Thinking of modern China’s growing power as a restoration forces a shift in how we contend with it. We in the West discuss how to fit China into the global political and economic order we created. But China was never going to be content being a mere cog in the Western machine.

For much of its history, it sat at the center of its own world order, based on a distinctly Chinese form of foreign relations and governed by Chinese diplomatic ideals and practices, with roots dating back more than 2,000 years.

The Chinese rules of diplomacy and trade were based on the at least ceremonial stature of China as a superior civilization, perched at the top of a hierarchy of societies. Other kings and chiefs had to display their respect by giving tribute to the emperors, who then considered them vassals.

With the resurgence of Chinese political and economic clout, Beijing is resurrecting some of these traditional foreign policy precepts. President Xi’s pet project, the infrastructure-building “Belt and Road” initiative, treats its participants as little more than supplicants to the throne, which can benefit from China’s bounty only by playing by Beijing’s rules and performing the proper kowtows.

The first step in dealing with a Chinese restoration is to accept that China wants to be and most likely will be a global superpower. The notion that the U.S. can “stop” China is a nonstarter. Washington can slow things up by withholding technology and disrupting trade.

But the Chinese believe that, based on their history, they have a right to be a superpower, and an approach meant to “keep China down,” as they see it, will generate conflict but few tangible results. Similarly, efforts to compel China to “play by the rules,” as in our rules, are almost equally hopeless.

The Chinese perceive the Western world order as an imposition on an East Asia they’d usually dominated, so they’re far more likely to assert their own rules than follow ours.

A better route is to allow China more diplomatic space in areas where it doesn’t fundamentally damage U.S. interests. Washington has fallen into a pattern of contesting Beijing on everything, which makes the Chinese feel unduly contained. If Washington stops opposing their initiatives at every turn, and is occasionally even supportive, the Chinese will sense they’re getting the respect they deserve, at minimal cost to U.S. influence.

So if Beijing wants to set up its own international institutions, as it did with the Asian Infrastructure Investment Bank, just let it. Maybe even join, to sway the projects from within.

Ditto with Belt and Road. If Beijing wants to lose money and alienate other governments building uneconomic railways and roads, we should wish it the best. Still, today’s China does present a threat. Its history suggests Beijing will expect to be the dominant power in East Asia (at the very least).

That’s too vital a region to concede to China, and the U.S. will need to protect its core interests there. Best to do so with deft diplomacy through international organizations or alliances rather than vitriol-filled, one-on-one slugfests, as the Trump administration has attempted. A restored Chinese “empire” will likely be too strong, and too determined, to assert its normal position in Asia to be taken on alone.

For instance, to contain China in the South China Sea, which the Chinese consider to be almost entirely their territory, organize the contending parties in Southeast Asia into a collective and prod Beijing to negotiate.

Perhaps cooperate with the Association of Southeast Asian Nations as a possible forum. Working within the World Trade Organization to influence China, rather than outside of it, is also smarter. Chinese leaders badly crave international stature and acclaim, and that desire can be turned against them within these bodies to alter Chinese policy.

Most of all, a U.S. policy that recognizes Chinese history doesn’t equal a soft one. Washington must still target China’s bad practices, more carefully but also more forcefully. Chinese companies and officials with proven records of stealing technology or participating in human-rights abuses, such as the mass detention of minority Uighurs, should be sanctioned.

Duties ought to be slapped on Chinese exports that are unduly subsidized by the state. When possible, draft policies to deal with the risks China presents without making them blatantly anti-China.

For example, instead of banning Chinese apps such as WeChat, devise a broader policy to protect U.S. privacy and data from all possible foreign threats. The U.S. should continue to loudly proclaim support for civil liberties by backing Hong Kong democracy advocates and the democratic government of Taiwan.

Contesting these outrages are not a fight with “China,” but with the Chinese Communist Party. The party asserts the two are equivalent, but they aren’t. The scholar-statesmen who managed imperial China, steeped in Confucianism, believed good government was founded on benevolence, not brutality, and Chinese history’s most tyrannical rulers were usually looked upon with scorn by the Confucians. We should follow their lead.

I don’t believe in historical inevitabilities: Just because China has restored itself to great power status in the past doesn’t automatically mean it will now. Contemporary China is still a middle-income country lacking key technologies and plagued by an artificially aging population; it has a long way to go to become a global superpower.

Yet from a policy standpoint, it’s wiser to recognize the historical trends propelling it forward and rejigger the world order to address Chinese aspirations (though not its autocracy). It won’t be easy. But neither is denying history.

Updated: 10-28-2020

China To Reveal How It Plans To Grow Economy Into The 2030s

The first glimpse into China’s economic plans for the next five and 15 years will be unveiled Thursday when initial details are released on how the country will steer growth and develop industry in the face of an antagonistic external environment.

China’s Communist Party is expected to release two policy blueprints at the end of four days of closed-door meetings in Beijing: Their usual five-year plan and a longer strategy document that stretches until 2035. Facing heightened tensions with the U.S. and a virus-battered world economy, officials in Beijing are expected to chart a course that draws on domestic resources and consumption to guarantee growth.

The party’s Central Committee — a group of some 200 top leaders — usually release a broadly worded communique that will be fleshed out in the coming weeks before approval by China’s parliament next year. The plan will focus on technological innovation, consumption, pollution control and more promises to continue opening the economy to foreign competition.

Unlike the last five-year plan, which sought to achieve “medium-to-high growth” in order to build a “moderately prosperous society,” this plenum is expected to focus on the quality rather than the pace of growth, possibly even abandoning GDP targets. Investors and businesses are watching for signals on policies that may shape global demand.

“China realizes now it is vulnerable,” said Wang Huiyao, an adviser to China’s cabinet and founder of the Center for China and Globalization, referring to sanctions levied on Chinese companies. “So leaders have to be prepared for things like technology decoupling.”

The plan will be geared toward how to “handle aggressive foreign politics towards China and Chinese companies,” according to Iris Pang, Greater China chief economist at ING Bank NV. “Funds are going to flow into companies that can show their abilities to foster top-edge technologies.”

Typically, a broad outline of the proposals is released at the close of the meeting. More details emerge in the week after when state media release a comprehensive development plan. The full picture won’t come to light until the national legislature puts its own stamp on the plan this coming spring.

What Bloomberg’s Economists Say

“Growth is on track to be the slowest in the reform era, blunted by a trade war with the U.S. and the coronavirus pandemic. Technological, demographic and climate challenges call for strategic policy re-alignment touching many aspects of the economy.”

Chang Shu, Chief Asia Economist

China may also provide more concrete benchmarks to make good on the government’s pledge to build a “great modern socialist country” by the middle of the 21st century with 2035 as the mid-way mark. The flagship initiative of the last five-year plan was supply-side reform, which swept away swathes of outdated capacity in industries like steel and coal.

The plan also set goals to make breakthroughs in key technologies and help China become a talent-rich country for innovation, initiatives ongoing geopolitical tensions are expected to accelerate.

Away from the headline announcements, there will be other microeconomic changes that may take longer to push through, said Helen Qiao, chief Greater China economist at Bank of America.

“The directions of structural changes that the 14th five-year plan identifies will be the most important, although specific proposals of certain numerical goals or fiscal measures — inheritance tax, property tax and so on — may not be carried out within that time frame,” she said.

Updated: 12-27-2020

China’s Economy Set To Overtake U.S. Earlier Due To Covid Fallout

The Chinese economy is set to overtake the U.S. faster than previously anticipated after weathering the coronavirus pandemic better than the West, according to the Centre for Economics and Business Research.

The world’s biggest and second-biggest economies are on course to trade places in dollar terms in 2028, five years earlier than expected a year ago, it said on Saturday.

In its World Economic League Table, the consultancy also calculated that China could become a high-income economy as soon as 2023. Further cementing Asia’s growing might, India is set to move up the rankings to become the No. 3 economy at the end of the decade.

Chinese President Xi Jinping said last month it was “entirely possible” for his economy to double in size by 2035 under his government’s new Five-Year Plan, which aims to achieve “modern socialism” in 15 years.

China was the first economy to suffer a pandemic blow, but has recovered swiftly, according to government data. That should prompt Western economies to pay much more attention to what is happening in Asia, according to the report.

“Typically, we compare ourselves with other Western economies and miss out on what often is best practice, especially in the rapidly growing economies in Asia,” it said.

Updated: 3-10-2021

China Stocks Resume Drop As State Buying Fails To Lift Sentiment

The bearish mood prevailing in China’s stock market is proving a match even for state-backed funds, and casting a cloud over the Communist Party’s biggest annual political event.

The CSI 300 Index closed about 2.2% lower despite evidence that state-backed funds had intervened to shore up the market in morning trading. The news earlier helped the gauge erase losses of as much as 3.2%, before declines resumed in the afternoon. Kweichow Moutai Co., the stock that’s become an indicator of sentiment in China’s mutual fund industry, fell 1.2%.

The funds, known as China’s “national team,” had stepped in order to ensure stability during the National People’s Congress in Beijing, according to people familiar with the matter. A Hong Kong-based trader, who declined to be identified discussing client business, said entities linked to mainland funds were actively buying shares through stock links with Hong Kong Tuesday morning.

The CSI 300 has now plunged more than 14% from its Feb. 10 high in the biggest loss among global benchmarks tracked by Bloomberg. Declines have been led by the champions of the recent rally such as Moutai, which has fallen 26%.

The China Securities Regulatory Commission, which regulates the securities industry, didn’t immediately reply to a fax seeking comment on whether state funds were behind Tuesday’s moves.

Historically, Beijing has supported markets when needed around significant events or dates. On Friday, the first day of the NPC, the CSI 300 ended the day down 0.3% after falling as much 2%. Evidence of intervention includes buying through trading links with Hong Kong.

Authorities had in many ways encouraged the recent correction in stocks after the CSI 300 briefly surpassed its closing record last month. Officials repeatedly warned of asset bubbles and said that curbing risks in the financial system was this year’s key policy goal. Moutai, for instance, had surged 30% this year to be worth more than $500 billion, making it one of the world’s most valuable stocks.

With the CSI 300 entering a correction on Monday, and dropping below its 100-day moving average for the first time since May, it’s likely authorities decided the rout had removed enough froth. Slumps of 10% or more in the CSI 300 have occurred twice in the past two years, before the index bounced back each time. The Communist Party, which has long sought to cultivate a ‘slow’ bull market in equities, will need to do more to restore sentiment this time.

Updated: 3-13-2021

China’s Blockchain Ambitions Set In Stone After Mention In National Five-Year Plan

China’s latest five-year plan mentions blockchain technology specifically and signals an increasing focus on the research of emerging technologies.

China’s determination to stay ahead of the curve when it comes to the utilization of blockchain technology was evidenced again this week, after the release of the country’s latest five-year development plan.

The word “blockchain” was reportedly mentioned for the first time in the 14th of China’s regular five-year plans, which lay out the country’s economic priorities for the period from 2021 to 2025, according to local news outlet Pingwest.

China’s exploration into new technology has been unceasing in recent years. From its ongoing scheme to roll out a central bank digital currency to its utilization of digital biometric hardware wallets for the digital yuan, China’s is already regarded to be at the forefront of national currency issuance.

All of this is despite a general distrust of open-source, decentralized cryptocurrencies within China, as evidenced by the country’s bans on cryptocurrency exchanges and initial coin offerings.

The recent commencement of digital yuan payments in China’s Shanghai department stores, coupled with the rollout of ATMs in the Shenzen region, also align with China’s goal to have 65% of its population in urban areas by the end of the next five year period.

The country’s willingness to work with business enterprises in pursuit of this aim was evidenced recently when the China Merchants Port — the largest port operator in the country — partnered up with Alibaba to promote the integration of blockchain tech in the port industry.

The five-year plan was criticized in other areas, specifically for its lack of broader economic ambition, and a tendency to focus heavily on debt reduction. Contrasting with U.S. President Joe Biden’s recent decision to issue another $1.9 trillion as part of a COVID-19 stimulus package, China recently axed plans to launch a $140 billion package for the same purpose.

Technology spending is expected to contribute higher returns to China’s GDP in the coming years, with research and development spending slated to be increased 7% each year until the end of 2025.


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The Assets That Matter Most In Crypto (#GotBitcoin?)

Ultimate Resource On Non-Fungible Tokens

Bitcoin Community Highlights Double-Standard Applied Deutsche Bank Epstein Scandal

Blockchain Makes Strides In Diversity. However, Traditional Tech Industry Not-S0-Much (#GotBitcoin?)

An Israeli Blockchain Startup Claims It’s Invented An ‘Undo’ Button For BTC Transactions

After Years of Resistance, BitPay Adopts SegWit For Cheaper Bitcoin Transactions

US Appeals Court Allows Warrantless Search of Blockchain, Exchange Data

Central Bank Rate Cuts Mean ‘World Has Gone Zimbabwe’

This Researcher Says Bitcoin’s Elliptic Curve Could Have A Secret Backdoor

China Discovers 4% Of Its Reserves Or 83 Tons Of It’s Gold Bars Are Fake (#GotBitcoin?)

Former Legg Mason Star Bill Miller And Bloomberg Are Optimistic About Bitcoin’s Future

Yield Chasers Are Yield Farming In Crypto-Currencies (#GotBitcoin?)

Australia Post Office Now Lets Customers Buy Bitcoin At Over 3,500 Outlets

Anomaly On Bitcoin Sidechain Results In Brief Security Lapse

SEC And DOJ Charges Lobbying Kingpin Jack Abramoff And Associate For Money Laundering

Veteran Commodities Trader Chris Hehmeyer Goes All In On Crypto (#GotBitcoin?)

Activists Document Police Misconduct Using Decentralized Protocol (#GotBitcoin?)

Supposedly, PayPal, Venmo To Roll Out Crypto Buying And Selling (#GotBitcoin?)

Industry Leaders Launch PayID, The Universal ID For Payments (#GotBitcoin?)

Crypto Quant Fund Debuts With $23M In Assets, $2.3B In Trades (#GotBitcoin?)

The Queens Politician Who Wants To Give New Yorkers Their Own Crypto

Why Does The SEC Want To Run Bitcoin And Ethereum Nodes?

Trump Orders Treasury Secretary Steve Mnuchin To Destroy Bitcoin Just Like They Destroyed The Traditional Economy

US Drug Agency Failed To Properly Supervise Agent Who Stole $700,000 In Bitcoin In 2015

Layer 2 Will Make Bitcoin As Easy To Use As The Dollar, Says Kraken CEO

Bootstrapping Mobile Mesh Networks With Bitcoin Lightning

Nevermind Coinbase — Big Brother Is Already Watching Your Coins (#GotBitcoin?)

BitPay’s Prepaid Mastercard Launches In US to Make Crypto Accessible (#GotBitcoin?)

Germany’s Deutsche Borse Exchange To List New Bitcoin Exchange-Traded Product

‘Bitcoin Billionaires’ Movie To Tell Winklevoss Bros’ Crypto Story

US Pentagon Created A War Game To Fight The Establishment With BTC (#GotBitcoin?)

JPMorgan Provides Banking Services To Crypto Exchanges Coinbase And Gemini (#GotBitcoin?)

Bitcoin Advocates Cry Foul As US Fed Buying ETFs For The First Time

Final Block Mined Before Halving Contained Reminder of BTC’s Origins (#GotBitcoin?)

Meet Brian Klein, Crypto’s Own ‘High-Stakes’ Trial Attorney (#GotBitcoin?)

3 Reasons For The Bitcoin Price ‘Halving Dump’ From $10K To $8.1K

Bitcoin Outlives And Outlasts Naysayers And First Website That Declared It Dead Back In 2010

Hedge Fund Pioneer Turns Bullish On Bitcoin Amid ‘Unprecedented’ Monetary Inflation

Antonopoulos: Chainalysis Is Helping World’s Worst Dictators & Regimes (#GotBitcoin?)

Survey Shows Many BTC Holders Use Hardware Wallet, Have Backup Keys (#GotBitcoin?)

Iran Ditches The Rial Amid Hyperinflation As Localbitcoins Seem To Trade Near $35K

Buffett ‘Killed His Reputation’ by Being Stupid About BTC, Says Max Keiser (#GotBitcoin?)

Meltem Demirors: “Bitcoin Is Not A F*Cking Systemic Hedge If You Hold Your Bitcoin At A Financial Institution”

Blockfolio Quietly Patches Years-Old Security Hole That Exposed Source Code (#GotBitcoin?)

Bitcoin Won As Store of Value In Coronavirus Crisis — Hedge Fund CEO

Decentralized VPN Gaining Steam At 100,000 Users Worldwide (#GotBitcoin?)

Crypto Exchange Offers Credit Lines so Institutions Can Trade Now, Pay Later (#GotBitcoin?)

Zoom Develops A Cryptocurrency Paywall To Reward Creators Video Conferencing Sessions (#GotBitcoin?)

Bitcoin Startup And Major Bitcoin Cash Partner To Shut Down After 6-Year Run

Open Interest In CME Bitcoin Futures Rises 70% As Institutions Return To Market

Square’s Users Can Route Stimulus Payments To BTC-Friendly Cash App

$1.1 Billion BTC Transaction For Only $0.68 Demonstrates Bitcoin’s Advantage Over Banks

Bitcoin Could Become Like ‘Prison Cigarettes’ Amid Deepening Financial Crisis

Bitcoin Holds Value As US Debt Reaches An Unfathomable $24 Trillion

How To Get Money (Crypto-currency) To People In An Emergency, Fast

US Intelligence To Study What Would Happen If U.S. Dollar Lost Its Status As World’s Reserve Currency (#GotBitcoin?)

Bitcoin Miner Manufacturers Mark Down Prices Ahead of Halving

Privacy-Oriented Browsers Gain Traction (#GotBitcoin?)

‘Breakthrough’ As Lightning Uses Web’s Forgotten Payment Code (#GotBitcoin?)

Bitcoin Starts Quarter With Price Down Just 10% YTD vs U.S. Stock’s Worst Quarter Since 2008

Bitcoin Enthusiasts, Liberal Lawmakers Cheer A Fed-Backed Digital Dollar

Crypto-Friendly Bank Revolut Launches In The US (#GotBitcoin?)

The CFTC Just Defined What ‘Actual Delivery’ of Crypto Should Look Like (#GotBitcoin?)

Crypto CEO Compares US Dollar To Onecoin Scam As Fed Keeps Printing (#GotBitcoin?)

Stuck In Quarantine? Become A Blockchain Expert With These Online Courses (#GotBitcoin?)

Bitcoin, Not Governments Will Save the World After Crisis, Tim Draper Says

Crypto Analyst Accused of Photoshopping Trade Screenshots (#GotBitcoin?)

QE4 Begins: Fed Cuts Rates, Buys $700B In Bonds; Bitcoin Rallies 7.7%

Mike Novogratz And Andreas Antonopoulos On The Bitcoin Crash

Amid Market Downturn, Number of People Owning 1 BTC Hits New Record (#GotBitcoin?)

Fatburger And Others Feed $30 Million Into Ethereum For New Bond Offering (#GotBitcoin?)

Pornhub Will Integrate PumaPay Recurring Subscription Crypto Payments (#GotBitcoin?)

Intel SGX Vulnerability Discovered, Cryptocurrency Keys Threatened

Bitcoin’s Plunge Due To Manipulation, Traditional Markets Falling or PlusToken Dumping?

Countries That First Outlawed Crypto But Then Embraced It (#GotBitcoin?)

Bitcoin Maintains Gains As Global Equities Slide, US Yield Hits Record Lows

HTC’s New 5G Router Can Host A Full Bitcoin Node

India Supreme Court Lifts RBI Ban On Banks Servicing Crypto Firms (#GotBitcoin?)

Analyst Claims 98% of Mining Rigs Fail to Verify Transactions (#GotBitcoin?)

Blockchain Storage Offers Security, Data Transparency And immutability. Get Over it!

Black Americans & Crypto (#GotBitcoin?)

Coinbase Wallet Now Allows To Send Crypto Through Usernames (#GotBitcoin)

New ‘Simpsons’ Episode Features Jim Parsons Giving A Crypto Explainer For The Masses (#GotBitcoin?)

Crypto-currency Founder Met With Warren Buffett For Charity Lunch (#GotBitcoin?)

Witches Love Bitcoin

Bitcoin’s Potential To Benefit The African And African-American Community

Coinbase Becomes Direct Visa Card Issuer With Principal Membership

Bitcoin Achieves Major Milestone With Half A Billion Transactions Confirmed

Jill Carlson, Meltem Demirors Back $3.3M Round For Non-Custodial Settlement Protocol Arwen

Crypto Companies Adopt Features Similar To Banks (Only Better) To Drive Growth (#GotBitcoin?)

Top Graphics Cards That Will Turn A Crypto Mining Profit (#GotBitcoin?)

Bitcoin Usage Among Merchants Is Up, According To Data From Coinbase And BitPay

Top 10 Books Recommended by Crypto (#Bitcoin) Thought Leaders

Twitter Adds Bitcoin Emoji, Jack Dorsey Suggests Unicode Does The Same

Bitcoiners Are Now Into Fasting. Read This Article To Find Out Why

You Can Now Donate Bitcoin Or Fiat To Show Your Support For All Of Our Valuable Content

2019’s Top 10 Institutional Actors In Crypto (#GotBitcoin?)

What Does Twitter’s New Decentralized Initiative Mean? (#GotBitcoin?)

Crypto-Friendly Silvergate Bank Goes Public On New York Stock Exchange (#GotBitcoin?)

Bitcoin’s Best Q1 Since 2013 To ‘Escalate’ If $9.5K Is Broken

Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin

What Are Lightning Wallets Doing To Help Onboard New Users? (#GotBitcoin?)

If You Missed Out On Investing In Amazon, Bitcoin Might Be A Second Chance For You (#GotBitcoin?)

2020 And Beyond: Bitcoin’s Potential Protocol (Privacy And Scalability) Upgrades (#GotBitcoin?)

US Deficit Will Be At Least 6 Times Bitcoin Market Cap — Every Year (#GotBitcoin?)

Central Banks Warm To Issuing Digital Currencies (#GotBitcoin?)

Meet The Crypto Angel Investor Running For Congress In Nevada (#GotBitcoin?)

Introducing BTCPay Vault – Use Any Hardware Wallet With BTCPay And Its Full Node (#GotBitcoin?)

How Not To Lose Your Coins In 2020: Alternative Recovery Methods (#GotBitcoin?)

H.R.5635 – Virtual Currency Tax Fairness Act of 2020 ($200.00 Limit) 116th Congress (2019-2020)

Adam Back On Satoshi Emails, Privacy Concerns And Bitcoin’s Early Days

The Prospect of Using Bitcoin To Build A New International Monetary System Is Getting Real

How To Raise Funds For Australia Wildfire Relief Efforts (Using Bitcoin And/Or Fiat )

Former Regulator Known As ‘Crypto Dad’ To Launch Digital-Dollar Think Tank (#GotBitcoin?)

Currency ‘Cold War’ Takes Center Stage At Pre-Davos Crypto Confab (#GotBitcoin?)

A Blockchain-Secured Home Security Camera Won Innovation Awards At CES 2020 Las Vegas

Bitcoin’s Had A Sensational 11 Years (#GotBitcoin?)

Sergey Nazarov And The Creation Of A Decentralized Network Of Oracles

Google Suspends MetaMask From Its Play App Store, Citing “Deceptive Services”

Christmas Shopping: Where To Buy With Crypto This Festive Season

At 8,990,000% Gains, Bitcoin Dwarfs All Other Investments This Decade

Coinbase CEO Armstrong Wins Patent For Tech Allowing Users To Email Bitcoin

Bitcoin Has Got Society To Think About The Nature Of Money

How DeFi Goes Mainstream In 2020: Focus On Usability (#GotBitcoin?)

Dissidents And Activists Have A Lot To Gain From Bitcoin, If Only They Knew It (#GotBitcoin?)

At A Refugee Camp In Iraq, A 16-Year-Old Syrian Is Teaching Crypto Basics

Bitclub Scheme Busted In The US, Promising High Returns From Mining

Bitcoin Advertised On French National TV

Germany: New Proposed Law Would Legalize Banks Holding Bitcoin

How To Earn And Spend Bitcoin On Black Friday 2019

The Ultimate List of Bitcoin Developments And Accomplishments

Charities Put A Bitcoin Twist On Giving Tuesday

Family Offices Finally Accept The Benefits of Investing In Bitcoin

An Army Of Bitcoin Devs Is Battle-Testing Upgrades To Privacy And Scaling

Bitcoin ‘Carry Trade’ Can Net Annual Gains With Little Risk, Says PlanB

Max Keiser: Bitcoin’s ‘Self-Settlement’ Is A Revolution Against Dollar

Blockchain Can And Will Replace The IRS

China Seizes The Blockchain Opportunity. How Should The US Respond? (#GotBitcoin?)

Jack Dorsey: You Can Buy A Fraction Of Berkshire Stock Or ‘Stack Sats’

Bitcoin Price Skyrockets $500 In Minutes As Bakkt BTC Contracts Hit Highs

Bitcoin’s Irreversibility Challenges International Private Law: Legal Scholar

Bitcoin Has Already Reached 40% Of Average Fiat Currency Lifespan

Yes, Even Bitcoin HODLers Can Lose Money In The Long-Term: Here’s How (#GotBitcoin?)

Unicef To Accept Donations In Bitcoin (#GotBitcoin?)

Former Prosecutor Asked To “Shut Down Bitcoin” And Is Now Face Of Crypto VC Investing (#GotBitcoin?)

Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain To Zurich

Next Bitcoin Halving May Not Lead To Bull Market, Says Bitmain CEO

Tim Draper Bets On Unstoppable Domain’s .Crypto Domain Registry To Replace Wallet Addresses (#GotBitcoin?)

Bitcoin Developer Amir Taaki, “We Can Crash National Economies” (#GotBitcoin?)

Veteran Crypto And Stocks Trader Shares 6 Ways To Invest And Get Rich

Have I Missed The Boat? – Best Ways To Purchase Cryptocurrency

Is Chainlink Blazing A Trail Independent Of Bitcoin?

Nearly $10 Billion In BTC Is Held In Wallets Of 8 Crypto Exchanges (#GotBitcoin?)

SEC Enters Settlement Talks With Alleged Fraudulent Firm Veritaseum (#GotBitcoin?)

Blockstream’s Samson Mow: Bitcoin’s Block Size Already ‘Too Big’

Attorneys Seek Bank Of Ireland Execs’ Testimony Against OneCoin Scammer (#GotBitcoin?)

OpenLibra Plans To Launch Permissionless Fork Of Facebook’s Stablecoin (#GotBitcoin?)

Tiny $217 Options Trade On Bitcoin Blockchain Could Be Wall Street’s Death Knell (#GotBitcoin?)

Class Action Accuses Tether And Bitfinex Of Market Manipulation (#GotBitcoin?)

Sharia Goldbugs: How ISIS Created A Currency For World Domination (#GotBitcoin?)

Bitcoin Eyes Demand As Hong Kong Protestors Announce Bank Run (#GotBitcoin?)

How To Securely Transfer Crypto To Your Heirs

‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)

Crypto News From The Spanish-Speaking World (#GotBitcoin?)

Financial Services Giant Morningstar To Offer Ratings For Crypto Assets (#GotBitcoin?)

‘Gold-Backed’ Crypto Token Promoter Karatbars Investigated By Florida Regulators (#GotBitcoin?)

The Original Sins Of Cryptocurrencies (#GotBitcoin?)

Bitcoin Is The Fraud? JPMorgan Metals Desk Fixed Gold Prices For Years (#GotBitcoin?)

Israeli Startup That Allows Offline Crypto Transactions Secures $4M (#GotBitcoin?)

[PSA] Non-genuine Trezor One Devices Spotted (#GotBitcoin?)

Bitcoin Stronger Than Ever But No One Seems To Care: Google Trends (#GotBitcoin?)

First-Ever SEC-Qualified Token Offering In US Raises $23 Million (#GotBitcoin?)

You Can Now Prove A Whole Blockchain With One Math Problem – Really

Crypto Mining Supply Fails To Meet Market Demand In Q2: TokenInsight

$2 Billion Lost In Mt. Gox Bitcoin Hack Can Be Recovered, Lawyer Claims (#GotBitcoin?)

Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own (#GotBitcoin?)

Wesley Snipes Is Launching A Tokenized $25 Million Movie Fund (#GotBitcoin?)

Mystery 94K BTC Transaction Becomes Richest Non-Exchange Address (#GotBitcoin?)

A Crypto Fix For A Broken International Monetary System (#GotBitcoin?)

Four Out Of Five Top Bitcoin QR Code Generators Are Scams: Report (#GotBitcoin?)

Waves Platform And The Abyss To Jointly Launch Blockchain-Based Games Marketplace (#GotBitcoin?)

Bitmain Ramps Up Power And Efficiency With New Bitcoin Mining Machine (#GotBitcoin?)

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)

Miss Finland: Bitcoin’s Risk Keeps Most Women Away From Cryptocurrency (#GotBitcoin?)

Artist Akon Loves BTC And Says, “It’s Controlled By The People” (#GotBitcoin?)

Ledger Live Now Supports Over 1,250 Ethereum-Based ERC-20 Tokens (#GotBitcoin?)

Co-Founder Of LinkedIn Presents Crypto Rap Video: Hamilton Vs. Satoshi (#GotBitcoin?)

Crypto Insurance Market To Grow, Lloyd’s Of London And Aon To Lead (#GotBitcoin?)

No ‘AltSeason’ Until Bitcoin Breaks $20K, Says Hedge Fund Manager (#GotBitcoin?)

NSA Working To Develop Quantum-Resistant Cryptocurrency: Report (#GotBitcoin?)

Custody Provider Legacy Trust Launches Crypto Pension Plan (#GotBitcoin?)

Vaneck, SolidX To Offer Limited Bitcoin ETF For Institutions Via Exemption (#GotBitcoin?)

Russell Okung: From NFL Superstar To Bitcoin Educator In 2 Years (#GotBitcoin?)

Bitcoin Miners Made $14 Billion To Date Securing The Network (#GotBitcoin?)

Why Does Amazon Want To Hire Blockchain Experts For Its Ads Division?

Argentina’s Economy Is In A Technical Default (#GotBitcoin?)

Blockchain-Based Fractional Ownership Used To Sell High-End Art (#GotBitcoin?)

Portugal Tax Authority: Bitcoin Trading And Payments Are Tax-Free (#GotBitcoin?)

Bitcoin ‘Failed Safe Haven Test’ After 7% Drop, Peter Schiff Gloats (#GotBitcoin?)

Bitcoin Dev Reveals Multisig UI Teaser For Hardware Wallets, Full Nodes (#GotBitcoin?)

Bitcoin Price: $10K Holds For Now As 50% Of CME Futures Set To Expire (#GotBitcoin?)

Bitcoin Realized Market Cap Hits $100 Billion For The First Time (#GotBitcoin?)

Stablecoins Begin To Look Beyond The Dollar (#GotBitcoin?)

Bank Of England Governor: Libra-Like Currency Could Replace US Dollar (#GotBitcoin?)

Binance Reveals ‘Venus’ — Its Own Project To Rival Facebook’s Libra (#GotBitcoin?)

The Real Benefits Of Blockchain Are Here. They’re Being Ignored (#GotBitcoin?)

CommBank Develops Blockchain Market To Boost Biodiversity (#GotBitcoin?)

SEC Approves Blockchain Tech Startup Securitize To Record Stock Transfers (#GotBitcoin?)

SegWit Creator Introduces New Language For Bitcoin Smart Contracts (#GotBitcoin?)

You Can Now Earn Bitcoin Rewards For Postmates Purchases (#GotBitcoin?)

Bitcoin Price ‘Will Struggle’ In Big Financial Crisis, Says Investor (#GotBitcoin?)

Fidelity Charitable Received Over $100M In Crypto Donations Since 2015 (#GotBitcoin?)

Would Blockchain Better Protect User Data Than FaceApp? Experts Answer (#GotBitcoin?)

Just The Existence Of Bitcoin Impacts Monetary Policy (#GotBitcoin?)

What Are The Biggest Alleged Crypto Heists And How Much Was Stolen? (#GotBitcoin?)

IRS To Cryptocurrency Owners: Come Clean, Or Else!

Coinbase Accidentally Saves Unencrypted Passwords Of 3,420 Customers (#GotBitcoin?)

Bitcoin Is A ‘Chaos Hedge, Or Schmuck Insurance‘ (#GotBitcoin?)

Bakkt Announces September 23 Launch Of Futures And Custody

Coinbase CEO: Institutions Depositing $200-400M Into Crypto Per Week (#GotBitcoin?)

Researchers Find Monero Mining Malware That Hides From Task Manager (#GotBitcoin?)

Crypto Dusting Attack Affects Nearly 300,000 Addresses (#GotBitcoin?)

A Case For Bitcoin As Recession Hedge In A Diversified Investment Portfolio (#GotBitcoin?)

SEC Guidance Gives Ammo To Lawsuit Claiming XRP Is Unregistered Security (#GotBitcoin?)

15 Countries To Develop Crypto Transaction Tracking System: Report (#GotBitcoin?)

US Department Of Commerce Offering 6-Figure Salary To Crypto Expert (#GotBitcoin?)

Mastercard Is Building A Team To Develop Crypto, Wallet Projects (#GotBitcoin?)

Canadian Bitcoin Educator Scams The Scammer And Donates Proceeds (#GotBitcoin?)

Amazon Wants To Build A Blockchain For Ads, New Job Listing Shows (#GotBitcoin?)

Shield Bitcoin Wallets From Theft Via Time Delay (#GotBitcoin?)

Blockstream Launches Bitcoin Mining Farm With Fidelity As Early Customer (#GotBitcoin?)

Commerzbank Tests Blockchain Machine To Machine Payments With Daimler (#GotBitcoin?)

Bitcoin’s Historical Returns Look Very Attractive As Online Banks Lower Payouts On Savings Accounts (#GotBitcoin?)

Man Takes Bitcoin Miner Seller To Tribunal Over Electricity Bill And Wins (#GotBitcoin?)

Bitcoin’s Computing Power Sets Record As Over 100K New Miners Go Online (#GotBitcoin?)

Walmart Coin And Libra Perform Major Public Relations For Bitcoin (#GotBitcoin?)

Judge Says Buying Bitcoin Via Credit Card Not Necessarily A Cash Advance (#GotBitcoin?)

Poll: If You’re A Stockowner Or Crypto-Currency Holder. What Will You Do When The Recession Comes?

1 In 5 Crypto Holders Are Women, New Report Reveals (#GotBitcoin?)

Beating Bakkt, Ledgerx Is First To Launch ‘Physical’ Bitcoin Futures In Us (#GotBitcoin?)

Facebook Warns Investors That Libra Stablecoin May Never Launch (#GotBitcoin?)

Government Money Printing Is ‘Rocket Fuel’ For Bitcoin (#GotBitcoin?)

Bitcoin-Friendly Square Cash App Stock Price Up 56% In 2019 (#GotBitcoin?)

Safeway Shoppers Can Now Get Bitcoin Back As Change At 894 US Stores (#GotBitcoin?)

TD Ameritrade CEO: There’s ‘Heightened Interest Again’ With Bitcoin (#GotBitcoin?)

Venezuela Sets New Bitcoin Volume Record Thanks To 10,000,000% Inflation (#GotBitcoin?)

Newegg Adds Bitcoin Payment Option To 73 More Countries (#GotBitcoin?)

China’s Schizophrenic Relationship With Bitcoin (#GotBitcoin?)

More Companies Build Products Around Crypto Hardware Wallets (#GotBitcoin?)

Bakkt Is Scheduled To Start Testing Its Bitcoin Futures Contracts Today (#GotBitcoin?)

Bitcoin Network Now 8 Times More Powerful Than It Was At $20K Price (#GotBitcoin?)

Crypto Exchange BitMEX Under Investigation By CFTC: Bloomberg (#GotBitcoin?)

“Bitcoin An ‘Unstoppable Force,” Says US Congressman At Crypto Hearing (#GotBitcoin?)

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April (#GotBitcoin?)

Cryptocurrency Startups Get Partial Green Light From Washington

Fundstrat’s Tom Lee: Bitcoin Pullback Is Healthy, Fewer Searches Аre Good (#GotBitcoin?)

Bitcoin Lightning Nodes Are Snatching Funds From Bad Actors (#GotBitcoin?)

The Provident Bank Now Offers Deposit Services For Crypto-Related Entities (#GotBitcoin?)

Bitcoin Could Help Stop News Censorship From Space (#GotBitcoin?)

US Sanctions On Iran Crypto Mining — Inevitable Or Impossible? (#GotBitcoin?)

US Lawmaker Reintroduces ‘Safe Harbor’ Crypto Tax Bill In Congress (#GotBitcoin?)

EU Central Bank Won’t Add Bitcoin To Reserves — Says It’s Not A Currency (#GotBitcoin?)

The Miami Dolphins Now Accept Bitcoin And Litecoin Crypt-Currency Payments (#GotBitcoin?)

Trump Bashes Bitcoin And Alt-Right Is Mad As Hell (#GotBitcoin?)

Goldman Sachs Ramps Up Development Of New Secret Crypto Project (#GotBitcoin?)

Blockchain And AI Bond, Explained (#GotBitcoin?)

Grayscale Bitcoin Trust Outperformed Indexes In First Half Of 2019 (#GotBitcoin?)

XRP Is The Worst Performing Major Crypto Of 2019 (GotBitcoin?)

Bitcoin Back Near $12K As BTC Shorters Lose $44 Million In One Morning (#GotBitcoin?)

As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)

Argentina Drives Global LocalBitcoins Volume To Highest Since November (#GotBitcoin?)

‘I Would Buy’ Bitcoin If Growth Continues — Investment Legend Mobius (#GotBitcoin?)

Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)

Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)

Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)

Canadian Startup Wants To Upgrade Millions Of ATMs To Sell Bitcoin (#GotBitcoin?)

Trump Says US ‘Should Match’ China’s Money Printing Game (#GotBitcoin?)

Casa Launches Lightning Node Mobile App For Bitcoin Newbies (#GotBitcoin?)

Bitcoin Rally Fuels Market In Crypto Derivatives (#GotBitcoin?)

World’s First Zero-Fiat ‘Bitcoin Bond’ Now Available On Bloomberg Terminal (#GotBitcoin?)

Buying Bitcoin Has Been Profitable 98.2% Of The Days Since Creation (#GotBitcoin?)

Another Crypto Exchange Receives License For Crypto Futures

From ‘Ponzi’ To ‘We’re Working On It’ — BIS Chief Reverses Stance On Crypto (#GotBitcoin?)

These Are The Cities Googling ‘Bitcoin’ As Interest Hits 17-Month High (#GotBitcoin?)

Venezuelan Explains How Bitcoin Saves His Family (#GotBitcoin?)

Quantum Computing Vs. Blockchain: Impact On Cryptography

This Fund Is Riding Bitcoin To Top (#GotBitcoin?)

Bitcoin’s Surge Leaves Smaller Digital Currencies In The Dust (#GotBitcoin?)

Bitcoin Exchange Hits $1 Trillion In Trading Volume (#GotBitcoin?)

Bitcoin Breaks $200 Billion Market Cap For The First Time In 17 Months (#GotBitcoin?)

You Can Now Make State Tax Payments In Bitcoin (#GotBitcoin?)

Religious Organizations Make Ideal Places To Mine Bitcoin (#GotBitcoin?)

Goldman Sacs And JP Morgan Chase Finally Concede To Crypto-Currencies (#GotBitcoin?)

Bitcoin Heading For Fifth Month Of Gains Despite Price Correction (#GotBitcoin?)

Breez Reveals Lightning-Powered Bitcoin Payments App For IPhone (#GotBitcoin?)

Big Four Auditing Firm PwC Releases Cryptocurrency Auditing Software (#GotBitcoin?)

Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments (#GotBitcoin?)

JPMorgan Will Pilot ‘JPM Coin’ Stablecoin By End Of 2019: Report (#GotBitcoin?)

Is There A Big Short In Bitcoin? (#GotBitcoin?)

Coinbase Hit With Outage As Bitcoin Price Drops $1.8K In 15 Minutes

Samourai Wallet Releases Privacy-Enhancing CoinJoin Feature (#GotBitcoin?)

There Are Now More Than 5,000 Bitcoin ATMs Around The World (#GotBitcoin?)

You Can Now Get Bitcoin Rewards When Booking At Hotels.Com (#GotBitcoin?)

North America’s Largest Solar Bitcoin Mining Farm Coming To California (#GotBitcoin?)

Bitcoin On Track For Best Second Quarter Price Gain On Record (#GotBitcoin?)

Bitcoin Hash Rate Climbs To New Record High Boosting Network Security (#GotBitcoin?)

Bitcoin Exceeds 1Million Active Addresses While Coinbase Custodies $1.3B In Assets

Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)

Bitcoin’s Lightning Comes To Apple Smartwatches With New App (#GotBitcoin?)

E-Trade To Offer Crypto Trading (#GotBitcoin)

US Rapper Lil Pump Starts Accepting Bitcoin Via Lightning Network On Merchandise Store (#GotBitcoin?)

Bitfinex Used Tether Reserves To Mask Missing $850 Million, Probe Finds (#GotBitcoin?)

21-Year-Old Jailed For 10 Years After Stealing $7.5M In Crypto By Hacking Cell Phones (#GotBitcoin?)

You Can Now Shop With Bitcoin On Amazon Using Lightning (#GotBitcoin?)

Afghanistan, Tunisia To Issue Sovereign Bonds In Bitcoin, Bright Future Ahead (#GotBitcoin?)

Crypto Faithful Say Blockchain Can Remake Securities Market Machinery (#GotBitcoin?)

Disney In Talks To Acquire The Owner Of Crypto Exchanges Bitstamp And Korbit (#GotBitcoin?)

Crypto Exchange Gemini Rolls Out Native Wallet Support For SegWit Bitcoin Addresses (#GotBitcoin?)

Binance Delists Bitcoin SV, CEO Calls Craig Wright A ‘Fraud’ (#GotBitcoin?)

Bitcoin Outperforms Nasdaq 100, S&P 500, Grows Whopping 37% In 2019 (#GotBitcoin?)

Bitcoin Passes A Milestone 400 Million Transactions (#GotBitcoin?)

Future Returns: Why Investors May Want To Consider Bitcoin Now (#GotBitcoin?)

Next Bitcoin Core Release To Finally Connect Hardware Wallets To Full Nodes (#GotBitcoin?)

Major Crypto-Currency Exchanges Use Lloyd’s Of London, A Registered Insurance Broker (#GotBitcoin?)

How Bitcoin Can Prevent Fraud And Chargebacks (#GotBitcoin?)

Why Bitcoin’s Price Suddenly Surged Back $5K (#GotBitcoin?)

Zebpay Becomes First Exchange To Add Lightning Payments For All Users (#GotBitcoin?)

Coinbase’s New Customer Incentive: Interest Payments, With A Crypto Twist (#GotBitcoin?)

The Best Bitcoin Debit (Cashback) Cards Of 2019 (#GotBitcoin?)

Real Estate Brokerages Now Accepting Bitcoin (#GotBitcoin?)

Ernst & Young Introduces Tax Tool For Reporting Cryptocurrencies (#GotBitcoin?)

How Will Bitcoin Behave During A Recession? (#GotBitcoin?)

Investors Run Out of Options As Bitcoin, Stocks, Bonds, Oil Cave To Recession Fears (#GotBitcoin?)

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