Chomping at the Bitcoin: The Past, Present and Future of Bitcoin in China: Pengu

SKU: PR124089

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Description

Discover the fascinating journey of Bitcoin in China with 'Chomping at the Bitcoin: The Past, Present and Future of Bitcoin in China' by Pengu. This BRAND NEW A-format paperback, published by Penguin China in 2014, explores the explosive rise of Bitcoin in a country that has seen both immense investment and stringent regulation. With 100 pages packed with insights, this essential read takes you through the pivotal moments that have shaped cryptocurrency's landscape in China and beyond. Learn how a documentary aired by China's state-run broadcaster in May 2013 ignited interest, leading to a rapid influx of Chinese capital that sent Bitcoin's value soaring. Yet, this meteoric rise was met with governmental scrutiny, ultimately causing a significant crash in value. Engaging and informative, this book is not just for investors; it's for anyone interested in the past and future of digital currencies. Perfect for enthusiasts wanting to understand Bitcoin's role in global finance, this book dives into the dynamics of Chinese cryptocurrency policies and effectively explains the economic impact of Bitcoin within China. Don't miss your chance to gain a deeper understanding of Bitcoin's turbulent journey and its implications for the future of finance worldwide.

Condition: BRAND NEW
ISBN: 9780734310538
Format: A-format paperback
Year: 2014
Publisher: Penguin China
Pages: 100


Description:
In May 2013, China's main state-run broadcaster aired a documentary about a little known virtual currency called Bitcoin. Over the next six months, the value of Bitcoin rocketed as Chinese money poured in.


In May 2013, China's main state-run broadcaster aired a documentary about a little known virtual currency called Bitcoin. Over the next six months, the value of Bitcoin rocketed as Chinese money poured in. Unfortunately for many latecomers, the rapid rise in Bitcoin's price and popularity also attracted government scrutiny, causing an unforeseen and catastrophic plummet in value. In this China Special, finance industry expert Zennon Kapron investigates this mysterious digital currency and the far-reaching implications of its use in China and around the world.

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