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#76 2023-07-01 19:42:24

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,602

Re: Utopia in China.

Camavinga;16990 wrote:
CrytoCynthia;16808 wrote:

Whereas the average Bitcoin transaction fee hovers around $7.50, BCH transactions can cost $0.01 or less, and process faster than standard BTC.

You did not post the site or the link that you got your information on this statistics, so i don’t know if it is correct or not, but i do not like comparing cryptocurrencies by their transaction fee because they are mined or produced differently and they have different levels of volume and the money spent to mine or produce them is also different.

This quite surprising and am sure there is actually a reason for such charge rate.

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#77 2023-07-01 19:49:41

KingCRP
Member
Registered: 2023-01-06
Posts: 1,054

Re: Utopia in China.

Wow this is interesting, China is actually very big on cryptocurrency in general so it would be great to have Utopia p2p break into the Chinese market definitely.

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#78 2023-07-01 19:58:31

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,630

Re: Utopia in China.

KingCRP;17017 wrote:

Wow this is interesting, China is actually very big on cryptocurrency in general so it would be great to have Utopia p2p break into the Chinese market definitely.

If  the Utopia p2p is to break into the market, don't you think there can later be an effect on the Chinese market due to the ban of crypto in China.

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#79 2023-07-01 20:02:33

Lanistergame2
Member
Registered: 2022-12-25
Posts: 1,562

Re: Utopia in China.

China citizens are big on cryptocurrency but its government is not. They have many times in the past banned cryptocurrency and banned miners some time last year making it an unfavorable spot for crypto enthusiasts to thrive.
But they have one of the largest crypto following and with freedom would benefit projects like crypton a whole lot.

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#80 2023-07-01 20:05:31

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,630

Re: Utopia in China.

Lanistergame2;17028 wrote:

China citizens are big on cryptocurrency but its government is not. They have many times in the past banned cryptocurrency and banned miners some time last year making it an unfavorable spot for crypto enthusiasts to thrive.
But they have one of the largest crypto following and with freedom would benefit projects like crypton a whole lot.

So definitely the China crypto system has become an illegal transaction and a undercover trade?

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#81 2024-01-07 22:31:13

Lanistergame2
Member
Registered: 2022-12-25
Posts: 1,562

Re: Utopia in China.

However, discussions around utopia often involve diverse perspectives, and opinions on China's development may vary. If you have a specific aspect or question in mind, feel free to provide more details!

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