March 28, 2024

Bitcoin ad appears on the front page of a Hong Kong newspaper

Popular Hong Kong newspaper Apple Daily ran a Bitcoin ad on the front page after her arrestowner of billionaire Jimmy Lai.

Chinese government critic Jimmy Lai wasarrested in early August. On Monday, August 24, one of his publications with a daily traffic of 500 thousand users criticized traditional banks. Apple Daily offers Bitcoin as an alternative.

“Bitcoin will never leave you. Banks, it is not you who are leaving me today, it is me who is leaving you, ”reads the inscription on the front page of the publication.

The following are the key advantages of cryptocurrency over traditional financial instruments.

“Bitcoin is digital money. It is not issued or controlled by banks or corporations. No one can stop you from conducting a transaction on the network, and it cannot be turned off. Bitcoin is available to everyone regardless of nationality, gender, or belief. Bitcoin started with a genesis block during the 2009 financial crisis. Now his time has come, ”writes Apple Daily.

Bitcoin's popularity in Hong Kong has surged amid protests last year. Then the rate of the first cryptocurrency on LocalBitcoins in the region exceeded the market average by $ 300.

This is not the first time in a month that information aboutbitcoin reaches a wide audience. In early August, digital asset management company Grayscale Investments launched an advertisement for its crypto funds on American TV.

</p></p>