China Bans Banks from Handling Bitcoins

The People’s Bank of China has banned Chinese banks from handling transactions in bitcoins because it is a virtual currency not backed by any central authority. Here are the feelings of the Chinese people.

“I am Satoshi Nakamoto and I am furious.”
“But they’ll still take deposits in World of Warcraft gold, right?”
“Great, now what am I going to do with my 0.00014 bitcoins?”

RELATED NEWS:
Huawei Condemns American Protectionism Without Any Sense of Irony
Xinhua Abandons Search for Japanese Link to Missing Plane
Leaders of China, Japan, Philippines and Vietnam to Settle Island...

Comments are closed.