Cryptosolar

Success in China

Sep 28th, 2015
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  1. 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.?!
  2.  
  3. http://atimes.com/atimes/China_Business/HL05Cb01.html
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  5. QQcoins also allow Tencent users to flout China's tough anti-gambling laws - which,
  6. despite more than 50 years on the books, have largely failed to curb the Chinese desire to place a bet.
  7. The company's game platform offers mahjong and a variety of card games with betting options,
  8. and Tencent takes a 10% cut from all bets.
  9.  
  10. Tencent boasts more than 220 million users, and its QQ coins can be purchased with a bank,
  11. telephone or "QQ" card at an official price of 1 yuan (12.5 cents) per coin. Originally,
  12. the virtual coins were designed to pay for Tencent services such as electronic greeting cards,
  13. online games and anti-virus software. Now, however, they have reportedly developed into an alternative currency
  14. traded on the black market and used for other, less savory services, such as online gambling and private chats with "QQ girls".
  15.  
  16. http://www.coindesk.com/why-china-is-the-perfect-place-for-bitcoin/
  17.  
  18. From my experience, when asking Chinese people for their email address, around 4 out of 10 have an address on the QQ server.
  19.  
  20. Q coins can be purchased via a bank, telephone or Q card at an official price of 1 yuan per coin,
  21. and can be used for purchasing Tencent services,
  22. such as electronic greeting cards and online games
  23.  
  24. On top of this existing exposure to virtual currency is the fact that bitcoin gives an opportunity for people
  25. to move money out of China and transact with international merchants/customers.
  26. This is important as there is currently a 350,000 yuan (around $50,000) limit on overseas investment.
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