Bitcoin
Out of context: Reply #419
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Chinese government issues statement on Bitcoin
http://www.pbc.gov.cn/publish/go…
To protect the property rights and interests of the public, to protect the legal status of the yuan currency to prevent money laundering risks and maintain financial stability, the People's Bank of China, the Ministry of Industry and Information Technology, China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission have jointly issued the "People's Bank of China Ministry of Industry and Information Technology of China Banking Regulatory Commission, China Securities Regulatory Commission, China Insurance Regulatory Commission on the Prevention of Bitcoin risk notification" (Yin Fa [2013] No. 289, hereinafter referred to as "" Notice "").
"Notice" clearly the nature of Bitcoin that Bitcoin is not issued by the monetary authorities, such as not having sex with mandatory legal tender currency property, not the true meaning of money. From the nature point of view, Bitcoin is a specific virtual goods, does not have legal status and monetary equivalent, can not and should not be used as currency in circulation in the market. However, Bitcoin transaction as a commodity trading behavior on the Internet, ordinary people have the freedom to participate in the premise own risk.