Alibaba’s JACK MA BUYING BITCOIN ? HYVE

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Alibaba’s JACK MA BUYING BITCOIN ?
Chinese billionaire Jack Ma yesterday said that digital currencies could play a role in a new global financial system—and attacked worldwide regulation.
The founder of China’s biggest e-commerce company, Alibaba, made the comments during a speech at the Bund Summit in Shanghai,
“Digital currency could create value and we should think about how to establish a new type of financial system through digital currency,” Ma is reported to have said.
But it isn’t clear what the entrepreneur—who is worth $61 billion,
As one would expect, the crypto community were quick to speculate on what Ma was talking about regarding digital currencies.
Binance CEO Changpeng “CZ” Zhao wrote on Twitter that it was an “amazing speech” where Ma “talked a lot about cryptocurrency and the future.” But Ethereum co-founder Vitalik Buterin was quick to ask Zhao what exactly Ma meant by “digital currencies.”
Zhao responded that “the meaning is up for interpretation.”
Cryptocurrencies are banned in China—but Bitcoin and other digital assets are still traded in the region. Chinese Bitcoin miners also mine the bulk of the world’s new Bitcoin.
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Alibaba’s JACK MA BUYING BITCOIN ?
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