Once upon a time China was the leader in bitcoin mining accounting for an estimated 71% of the bitcoin mining market. But that bubble burst in September 2017 when the Chinese Central Bank completely banned all ICOs. In spite of the ban Bitcoin has managed to flourish increasing by over 144% since the ban. Still China isnt worried. According to the PBOC Bitcoin is dying. Speaking at a financial forum in Shanghai over the weekend Read More The post Peoples Bank of China Deputy Governor: Bitcoin is Dying appeared first on Bitcoinist.com. via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/peoples-bank-china-deputy-governor-bitcoin-dying/