3 big obstacles hinder the development of bitcoin in China

Only 5 years since the birth of bitcoin to now, we have no reason to deny that despite the virtual currency achieved a rapid development, but analyzing from the overall aspects, almost nothing bitcoin-related is better than traditional financial industry except the characteristics of innovation and technology, whatever they are capital amount, industry development scale, practitioners or the suzhi of the audiences.
Regardless of the huge barrier bank, let’s just make bitcoin industry in comparison with p2p industry, we can tell easily that it’s very tough for bitcoin to enter people’s life.
Then what can account for the current situation? Personally, I think, which can be explained in three aspects.

This post was published at Bitell on December 15, 2014.

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