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- Here is a story about a Cryptocoin have big success in China, so we can learn from them what is needed to get accepted their.?!
- http://atimes.com/atimes/China_Business/HL05Cb01.html
- QQcoins also allow Tencent users to flout China's tough anti-gambling laws - which,
- despite more than 50 years on the books, have largely failed to curb the Chinese desire to place a bet.
- The company's game platform offers mahjong and a variety of card games with betting options,
- and Tencent takes a 10% cut from all bets.
- Tencent boasts more than 220 million users, and its QQ coins can be purchased with a bank,
- telephone or "QQ" card at an official price of 1 yuan (12.5 cents) per coin. Originally,
- the virtual coins were designed to pay for Tencent services such as electronic greeting cards,
- online games and anti-virus software. Now, however, they have reportedly developed into an alternative currency
- traded on the black market and used for other, less savory services, such as online gambling and private chats with "QQ girls".
- http://www.coindesk.com/why-china-is-the-perfect-place-for-bitcoin/
- From my experience, when asking Chinese people for their email address, around 4 out of 10 have an address on the QQ server.
- Q coins can be purchased via a bank, telephone or Q card at an official price of 1 yuan per coin,
- and can be used for purchasing Tencent services,
- such as electronic greeting cards and online games
- On top of this existing exposure to virtual currency is the fact that bitcoin gives an opportunity for people
- to move money out of China and transact with international merchants/customers.
- This is important as there is currently a 350,000 yuan (around $50,000) limit on overseas investment.
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