Xiao Lei, a Chinese financial analyst, has published an article that seeks to argue that the spheres of bitcoin and cryptocurrency are increasingly becoming a battleground in “a new currency” war between China and the United States. Despite some bitcoin users describing Lei’s views as conspiratorial, the article has garnered significant attention after becoming recommended by Baidu Baijia – an online media channel owned by major Chinese company Baidu.
Mr. Lei is Concerned About the Future for Chinese Bitcoin Traders
In an article recommended by Baidu Baijia, Xiao Lei states “as an ordinary investor, I am concerned about whether bitcoin investment can make money. But if I stand in the perspective of a country, I am concerned whether this thing can be used by me or not and whether there are some factors that are unfavorable to me in the future.” […]