Chinese Real-Estate Merchants Are Tapping Into the Cryptocurrency Market Property Investors from Wenzhou, Zhejing Province, which has a reputation as the home of Chinas savviest businessmen, are dabbling in the cryptocurrency market for new investment opportunities. Instead of holding Bitcoin, their focus is on forked coins. “Bitcoin Will Evolve into a Capital Game”In 2008, a Wenzhou merchant surnamed Chen set up a real-estate speculation squad with twenty of his friends. They bought houses on the same street, negotiated on the sale price, and went to the same agent to sell houses. If anybody sold at a lower price, Che
Leave a Reply