The Chinese are buying everything - including Bitcoin

Singapore

BITCOIN, the poster-currency for anarchy, has found its sweet spot in China, of all countries. There, the cryptocurrency has become a way to circumvent Chinese capital controls and an alternative form of speculation amid a dearth of investment options.

What is more surprising is that the Chinese government has done practically nothing about Bitcoin, for now at least.

"The Chinese firewall will stop you from going to YouTube, Facebook, Twitter but it doesn't stop you from going to bitcoin.com. In China, they have this fantastic service, BTCChina, that allows you to buy B…