Friday, May 24, 2013

Chinese whispers hit Bitcoin, again

Chinese whispers hit Bitcoin, again - bitcoin, asicminer, free bitcoins, asic miner, bitcoin asic, asic bitcoin, bitcoin miner, free, bitcoin, butterfly labs, bitcoins, earn bitcoins, get free bitcoins
Published On May 24, 2013 at 11:25 BST | By John Oates. Rumours suggesting the Chinese government was moving to block Bitcoin related traffic on its networks have been dismissed.

News stories about China routinely get traction without being checked and elements of the Bitcoin community seem happy to believe anything which fits with their world view.

But forum posters on Bitcointalk quickly moved to quash rumours that Chinese telcos were being warned to block bitcoin-related traffic.

The original poster quoted a supposed email which said:

“We got further information from our carrier confirming that business such as bitcoin is not a proper financial tool in China and the Authority may treat bitcoin as an illegal business. Unfortunately the China Telecom Authority has requested that all bit-coin traffic to China be blocked.” - Read more here:

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