Cryptocurrency Succeed in china in the coming years

I expect Bitcoin Cash, Bitcoin Gold, Bitcoin SegWit2X, NEO, Qtum and other home-grown coins to have great shots at doing well in China among the infrastructure or currency coins.

Why?

Because China has traditionally been able to help its home grown companies make money in China while fending off foreign competitors.

Look at Baidu vs. Google.

Alibaba vs. Amazon.

Tencent's WeChat vs. Facebook Messenger, WhatsApp, etc.

Can regional or altcoins like Bitcoin Cash get really big in China?

We'll see.

One big issue is anyone who can run a full node can choose which Bitcoin version or other coin to run.

Another is cryptocurrencies are much more decentralized than before, making it harder for China to keep out.

The key developments to watch may be where Chinese people and companies convert Chinese Yuan to cryptocurrencies and then back into fiat.

If China can control that or cut a deal with e.g. the US NSA or whomever, then they can tilt the scales in favor of a NEO if they want.

I know the theory popular a couple years ago that regional coins can arise is now out of favor among most cryptocurrency experts and enthusiasts.

I'd like to understand better why.

But make no mistake:

This is Bitcoin, Ethereum and Ripple’s game to lose.