In China, Two Cities Mirror Blockchain-Bitcoin Divide

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Beijing and Shanghai, China’s dual many populous and grown cities, are mostly suggestive of dual siblings. They are similar, though any has a possess graphic character.

In this light, some adversary is as inevitable, and it’s now spilling over into the country’s blockchain industry.

In Beijing, visitors are expected to accommodate “bitcoin maximalists”, those who shrug during a thought an choice blockchain or bank consortium could plea a network outcome of a $10bn digital economy. In Shanghai, a disproportion of opinion is conspicuous – there, we are some-more expected to be told that bitcoin is passé.

Metaverse, a association formed in a Shanghai’s Huangpu district, is in many ways deputy of a city’s new blockchain startups.

Relatively different even in a home country, Metaverse has over 20 employees – no tiny attainment for a blockchain startup that has been around for reduction than a year, and it recently hold a blockchain token crowdsale, lifting over ¥10m within weeks.

The steer of a roomful of bustling developers gives a sense a startup is onto something large – that is accurately what Eric Gu, CEO and co-founder, wanted to communicate in interview. But he is also vehement about his personal

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