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在线翻译:
szdaily -> Business
Bitcoin can be ‘an asset but not currency’
    2017-July-10  08:53    Shenzhen Daily

VIRTUAL currencies like bitcoin are assets but bitcoin in itself does not have the fundamental attributes needed to be a currency that could meet modern economic development needs, a central bank adviser said.

Sheng Songcheng, adviser to the People’s Bank of China, made the comments in an interview with China Business News.

“Bitcoin does not have the fundamental attributes needed to be a currency as it is a string of code generated by complex algorithms ... But I do not deny that virtual currencies have technical value and are a type of asset,” he said.

His comments come after the central bank increased scrutiny of the country’s bitcoin exchanges earlier this year, a move that prompted the companies to stop margin lending, introduced trading fees and issue rules to rein in users.

Many governments around the world are still mulling how to regulate and classify bitcoin, whose value surged in June to hit a record just shy of US$3,000. China has classified it as a “virtual good.”

Squaring in on bitcoin, Sheng said expectations that bitcoin supply would be capped in the year 2140 would make it difficult for it to become a medium of exchange that could meet modern economic development needs.(SD-Agencies)

 

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