Roger Huang: China Failed to Ban Bitcoin... Now Volume Is Booming!

What does Bitcoin Adoption actually look like in China? Get the Best Bitcoin Watches ever: - Here: https://www.coinvigilante.com/?ref=robinseyr Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Guest's contact: https://x.com/Rogerh1991 !!! Disclaimer: This content is for educational purposes only. The views expressed by Robin Seyr and guests are their own and do not reflect any responsibility or liability on our part. Summary In this conversation, Roger Huang discusses the complex landscape of Bitcoin in China, addressing the ongoing confusion surrounding regulations, the resilience of Chinese Bitcoin miners, and the significant interest from Chinese citizens despite government restrictions. He also explores the implications of Bitcoin on China's economy, the historical context of Bitcoin's adoption, and the potential future of Bitcoin in the global financial system, particularly in relation to nation-state policies and the rise of central bank digital currencies. Takeaways China has attempted to ban Bitcoin multiple times, yet interest remains high. Despite regulations, Bitcoin mining continues in China, particularly in regions like Xinjiang. Chinese citizens are increasingly using over-the-counter trading to buy Bitcoin. Hong Kong operates under different regulations, allowing for a more robust Bitcoin trading environment. The Chinese economy's struggles have led to increased interest in Bitcoin as a store of value. Bitcoin's appeal lies in its ability to allow capital flight from a controlled economy. Roger Huang's book explores the historical context of Bitcoin in China and its implications. The Chinese Communist Party's control over capital is threatened by Bitcoin's decentralized nature. Nation-state adoption of Bitcoin varies, with some countries embracing it while others impose restrictions. The future of Bitcoin may involve a complex interplay between stablecoins and traditional cryptocurrencies. Chapters 00:00 The Current State of Bitcoin in China 08:13 Understanding Over-the-Counter Trading 18:17 The Impact of Government Regulations on Bitcoin 27:54 Cultural Perspectives on Bitcoin Adoption 35:01 Exploring the Book: Would Mao Hold Bitcoin? 42:11 Exploring Chinese Monetary History and Bitcoin 48:15 Nation-State Game Theory and Bitcoin Adoption 01:16:17 Cultural Insights and Language Learning