The CEO Lilin of huobi.com : accelerate bitcoin development in China during strict policy.

[best-miner.com]

The forum “Internet finance and innovation night ”was held on 10^th May,2014 in Qsing hua university .Its main topic is the innovation on Internet finance .

The CEO Lilin of huobi.com expressed to make use of Chinese bitcoin policy to promote its development .The words as follows :

Ai cheng :

If the interest rate freedom is put on effect ,what will you do ?

Li lin :

The problem is not really connected with our service too much .But as individual ,if the interest rate freedom is put on effect ,banks competition will be the same as Internet industry .

So from entrepreneurial angle ,I will seek some vertical field .With the freedom ,you should have a better understanding of the field .Moreover ,the vertical field may be not gain financing from public financial enterprises .You can seek the field to found your business .

Lilin :

Actually ,I would like to correct the comment from the compere about group purchase .We have found an item called allied search to statistic date specially .The compere said group practice is more than 6000 in its boom time ,but now less than 10 companies exist .

Ai cheng :

From 2013to now ,the death rate is more than 90%

Them I react to the question now .With Chinese bitcoin policy ,we gain a good opportunity to be the top in China .But we are worried more about the international competition , ,such as New york is likely to publish some licenses on June .

But on the other hand ,the appearance like the trading places in Newyork is good for us because bitcoin industry is on junior stage .So we consider more on bitcoin growth and market space .And the problem is not serious to us .

 

Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can  correct it. 

Source http://app.cebnet.com.cn/content.php?contentid=244615