Executives of Alibaba, JD and 58.com started talking about Bitcoin

Recently, the founder of Alibaba, Jack Ma said that he does not have much interest in Bitcoin. What do the heads of Chinese giants of e-commerce - Alibaba, JD and 58.com say today about Bitcoin and blockchain? On November 10, Jack Ma talked about his film "The Art of Attack and Defense" (Gong Shou Dao) at the "Dialogue with Jack Ma" event in Shanghai. The actress, whose brother is obsessed with Bitcoin, asked the billionaire how he looks at the future of the cryptocurrency.

Jack Ma commented that he was trying to understand what Bitcoin values can bring society, but he is not a fan of Bitcoin: 

"We should be cautious about bitcoin. Its underlying technology, however, is really powerful. I pay more attention to a cashless society and the blockchain technology. And I am not shameful that I don't know about bitcoin."

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Following the initiatives of leading financial institutions and enterprises, such as Nasdaq and IBM, Alibaba is increasingly interested in blockchain technology. Over the past two years, the giant of e-commerce has used blockchain to increase transparency, fight fraud and obtain health data in the medical sector. In October this year, Ant Financial's technical director, Cheng Li, first publicly announced the technology strategy of BASIC at the Computing Conference 2017. The reduction of BASIC means Blockchain, Artificial Intelligence, Security, Internet of Things and Cloud Computing.
As a major competitor to Alibaba, JD joined the race in the blockbuster industry in 2016. The second largest e-commerce company in China has so far used the block system in its large data ecosystem, the asset management system and the supply chain.
In 2014, Liu Qiangdong said on a Chinese financial talk show that bitkoyn was once used to buy air tickets in the United States, but he never bought bitcoins or shares and was not interested in the virtual economy.
When asked if Jingdong bitcoin will accept or can create a JD coin in the future, he replied:

"It depends on our customers. If they are ok with it, then it's fine with me."

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t has been three years since Mr. Liu last talked about Bitcoin. It can assumes that no enterprises in China would try to be a standout and support Bitcoin at the moment.

Compared with Jack Ma and Liu Qiangdong, Yao Jinbo, CEO of 58.com (NYSE: WUBA) is more supportive of Bitcoin. Mr.Yao has been telling people around him to buy Bitcoin. But he admitted that he never actually bought any.

"I never bought any Bitcoin myself. That's just sad. Bitcoin is a great technology with great thoughts. Satoshi should be awarded the Nobel Prize in economics. I believe that some countries, especially African countries and small countries will abandon their fiat money and adopt Bitcoin in five years. If I had my own country, I would definitely use Bitcoin."

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 He added that the blockchain technology could be something as big as the Internet. And he is urging the entire company to probe the usages of blockchain technology.