Bitcoin Asia: China Emerges As New Frontier For Bitcoin Innovation

Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James.

The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty. Unforgiving yet irresistible.

Bitcoin was once such a frontier. The early days were rife with scams, “criminals” and underground markets. The underbelly of the internet embraced it first. It was an agora filled with foreign and obscure figures. It thrived as a counterculture, void of any rules and regulations. No government to protect you from yourself. No KYC, no AML – only your name, your PGP key, gribble, and the Web-Of-Trust….

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