Bitcoinist - Chinese Foreign Exchange Reserves Are Dwindling – Bitcoin Is An Alternative Way To Store Wealth

[jdebunt]

Interesting things are going on over in China, as the country’s cash reserves are dwindling at an alarming pace. A recent report by the Chinese central bank indicated how there is only US$3.4 bn left in foreign exchange reserves, which is the lowest levels since the beginning of 2013. Getting funds out of the country is proving to be a difficult task, and Bitcoin seems to be the solution investors could be looking for.

http://bitcoinist.net/chinese-foreign-e ... re-wealth/

[iFixBTCmemoryIssues]

Interesting things are going on over in China, as the country’s cash reserves are dwindling at an alarming pace. A recent report by the Chinese central bank indicated how there is only US$3.4 bn left in foreign exchange reserves, which is the lowest levels since the beginning of 2013. Getting funds out of the country is proving to be a difficult task, and Bitcoin seems to be the solution investors could be looking for.

http://bitcoinist.net/chinese-foreign-e ... re-wealth/

The Chinese have been going on a "corruption" spree, throwing a lot of people in jail never to be heard of again. There is a billionaire MIA right now.

"We look harmless on the outside, but on the inside you better watch out."

The yuan has tanked and now they are gunning for those responsible.