Quote from: becoin on February 22, 2016, 01:48:07 PM

Quote from: tommygunyeah on February 22, 2016, 12:43:25 PM

Quote from: becoin on February 22, 2016, 12:26:45 PM

Quote from: lottery248 on February 22, 2016, 12:05:25 PM

we don't bet high, since china is the biggest base of bitcoin mining/trading.

China is the biggest base for many other things. It is quite natural to be the biggest base for bitcoin mining/trading as well.

I agree, but my concern is with their closed and ultra-controlling political system. since they're not a democracy, it's not good news for bitcoin that so much of it's structure is in the hands of a totalitarian regime... no?

Don't let yourself be brainwashed by US propaganda machine. China is more democratic than US!

In China political class is named "The Communist Party". If you want to make political career you have to be part of the communist party. They have 4 political wings competing for country's top leadership. In US political class is named "The Establishment". If you want to make political career you have to be part of the political establishment. They have only 2 political wings competing for country's top leadership. It is obvious in which of those countries you have de facto political monopoly and totalitarian regime.

USA/PRC is just the two sides of the same coin, really.