RATE Group | Bitcoin Goes Viral on ‘Chinese Twitter’ for the Third Time in 2 Weeks
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Bitcoin Goes Viral on ‘Chinese Twitter’ for the Third Time in 2 Weeks

11 May Bitcoin Goes Viral on ‘Chinese Twitter’ for the Third Time in 2 Weeks

Posted at 03:14h in Bitcoin News by

While trading Chinese yuan through Bitcoin may technically be banned in China, that hasn’t stopped the country’s citizens from talking up a storm about cryptocurrency.

This much was made clear on Sunday when Samson Mow, CSO of Blockstream, noted that according to data from Weibo (‘Chinese Twitter’), Bitcoin was a trending topic. This is the third time this has happened in the past two weeks.

Bitcoin Trends on Weibo, “China’s ‘Twitter’”

According to a screenshot of Weibo’s trending list from May 10th shared by Mow, a search term mentioning Bitcoin’s price drop was recently the 13th most popular term on the platform. This is notable as Weibo is a platform used by literally 400 million monthly active users, showing how excited the Chinese are about BTC.

The popularity…

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