Ripple Effect From Bitcoin ‘Xi Pump’ Is Strong In China

Ripple Effect From Bitcoin ‘Xi Pump’ Is Strong In China

26th October 2 e1572087347124

xi bitcoin pump ripple effect

It seems that the words ‘blockchain’ and ‘breakthrough’ were scarcely out of China’s President Xi’s mouth (albeit in the equivalent Chinese language form) before bitcoin price started to pump. Well 12 hours later, Primitive founding partner, Dovey Wan, noted some additional ripple effects caused by Xi’s comments.

Bitcoin, Not Blockchain

The fact that Xi’s proclamation was about blockchain (not…

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