Bitcoiners in Hong Kong took out a full front page in the city's last independent print newspaper

By Permabull | Permabull | 24 Aug 2020


Bitcoin users living in Hong Kong took out a full front page in Apple Daily - the city's last independent print newspaper also the largest print daily in Hong Kong.

The post reads: 「銀行,今日唔係你飛我,係我飛你」which can be translated as "Banks, today you're not ditching me, I'm ditching you." The newspaper is the Apple Daily, the largest print daily in Hong Kong, and also the last one with a strong independent editorial, meaning not under control of the Communist Party of China. Two weeks ago Jimmy Lai, the paper's CEO, was arrested on 'National Security' charges.

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Hong Kong's CO and many senior officer are being sanctioned by US, can not use bank service, and the USD-HKD currency de-peg is an emerging threats, peoples are changing their asset allocation to avoid capital control in the foreseeable future. Bitcoin is one of the safest bets for many Hong Kong residents as the government can't confiscate it nor even find out if they own any.

 

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Pics downloaded from: https://imgur.com/a/yCV7viS

 

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Permabull
Permabull

Saw crypto as a way to make some cash, a get rich quick scheme. Learned about the tech and will stay in forever. Watching the GOV spending in 2020 made me realise how fiat is controlled way too much and becoming worthless be a minute. Bitcoin for the WIN!


Permabull
Permabull

Born to be bull.

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