Will the Beijing Bitcoin Summit Draw the Ire of the PBOC?

As excitement builds toward China's first Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term Conference, a lingering sense of unease pervades the atmosphere.

The conference, scheduled for May 10-11, is to include both Chinese and international leaders in the Bitcoin world. Topics of discussion will include those of a general nature and those specific to Bitcoin in China. It is being organized by bitfund.pe, "the earliest bitcoin related private Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term in the world that focuses on investing and helping bitcoin related projects and startups."

Just the prospect of holding such a high-profile event right under the noses of the People's Bank of China (PBOC) is enough to rattle some nerves.

Unconfirmed rumors are circulating that major Chinese Bitcoin exchanges, who are the largest sponsors for the event, are not attending. These include Huobi, BTC China and OKCoin.

Some tweets are claiming that showing up "in an official capacity" or making any presentations can be a risky move. While it is hard to imagine what kind of "surveillance" methods will be in play, one never knows with bitcoin-related rumors in China until the time comes, as evidenced by the most recent crackdown.

Tickets are priced in RMB- not CNY.

Perhaps some are hoping PBOC officials will actually attend the conference, see the light and reverse course.