Wall Street Journal: China's blockchain revolution will not liberate investors

The Wall Street Journal published an article on October 29th saying that although China has set off a vigorous blockchain revolution, it still needs to be prudent for investors. Because the long-term beneficiary of this new investment driver may be the Chinese central bank's RMB digital currency, not bitcoin. Like some of China's other emerging industries that are driven by the state, many companies that do not recognize or have a loose connection with the technology will try to support speculation through policy support.