Post
Topic
Board Bitcoin Discussion
Re: Apparently Chinese Mining Pools are sticking with Core! :)
by
DecentralizeEconomics
on 22/01/2016, 06:47:27 UTC
Is there any business in communist China that the government doesn't control?  Is there anyone in communist China with money that the government doesn't condone?

The government has little to do with the vast majority of businesses in China (and in fact most small businesses don't even pay tax).

One thing you should learn about Chinese is that they rarely co-operate with each other (which is why they are well known not to work well in teams).

Perhaps you should actually come and visit to "see for yourself" that there aren't troops in jackboots walking around controlling what is going on.  Roll Eyes


The PRC is the very definition of state capitalism.  No great enterprise is undertaken without the direct consent of the government.  Small business isn't a threat to state capitalism and thus is left to its own devices.  Anything which threatens the monopoly of the state is destroyed.  They only deploy the "jackboots" as a last resort.