It seems that the words ‘blockchain’ and ‘breakthrough’ were scarcely out of China’s President Xi’s mouth (albeit in the equivalent Chinese language form) before bitcoin price started to pump. Well 12 hours later, Primitive founding partner, Dovey Wan, noted some additional ripple effects caused by Xi’s comments. Bitcoin, Not Blockchain The fact that Xi’s proclamation was about blockchain (not Bitcoin) being a breakthrough for innovation didn’t seem to trouble investors. His message was (mis)read, loudRead MoreThe post Ripple Effect From Bitcoin ‘Xi Pump’ Is Strong In China appeared first on Bitcoinist.com.
