No - but your point is a feasible reason for a BTC price rise. Rather, the current BTC/USD rise is due to a influx of investment from China [1]. The Chinese go

No - but your point is a feasible reason for a BTC price rise. Rather, the current BTC/USD rise is due to a influx of investment from China [1]. The Chinese government has been indirectly supporting the rise and adoption of Bitcoin through state-run Bitcoin documentaries [2]. This is seen by some as China pushing for alternatives to the USD as a world reserve currency (following US gvt shutdown) [3]. [1] http://money.cnn.com/2013/11/12/investing/bitcoin-record-high/ http://money.cnn.com/2013/11/12/investing/bitcoin-record-hig... [2] https://cryptocointalk.com/topic/226-cctv-bitcoin-documentary-china/ https://cryptocointalk.com/topic/226-cctv-bitcoin-documentar... [3] http://www.scmp.com/news/china/article/1330873/chinese-state-media-calls-de-americanised-world-after-us-shutdown?page=all http://www.scmp.com/news/china/article/1330873/chinese-state...