Crazy For Cryptocurrency, shock by BME and know nothing about steemit

In this bitcoin frenzy, China has gone particularly wild. Now even Chinese Damas are talking about cryptocurrencies and spend hundreds of billion yuan to by BTC or other Cryptocurrencies every year. But now people in China can not buy cryptocurrencies easily with their government escalated its clampdown on cryptocurrency trading.

Some people afraid that traditional financial institutions will lose their own sector with unprecedented challenges of fintech. The traditional financial cities, Shanghai, for example, will not as important as the cities that have more internet companies. Someone even said that Hangzhou will pass Shanghai in importance in the near future. Other people do not think so. They said future is not only about Internet, cryptocurrencies and other fin-tech. Today, the biggest news in China is researchers in Shanghai reported that they have created two cloned monkeys, the first time that primates have been cloned with the technique that produced Dolly the sheep more than 20 years ago. As said by Xiangxiao Tian, a financial blogger, Shanghai still in the front of other advanced technology, although it missed the opportunity of IT.

I am a newcomer in steemit. And most people in China know nothing about steemit, although they are crazy in Blockchain. I will do my best to introduce steemit to people around me. I will also do my best to analysis tendency in China for this community, although my English is also not very good.