Do you guys think you would support China monopolizing Bitcoin if it caused the price to go up ?
Since i would safely bet you all only care about it's FIAT market price i bet you don't care.
Who cares what is the best decision for an "adopted" and used currency ?
Vs how much profit will i make ?
(effort making code changes for profit / market value reasons -or- functionality / adoption / security etc)
Like what percentage of any of this revolves around making a better digital currency ?
Vs never ending talk about how much each BTC etc is worth in dollars.
It would have to tell ya something i think when China took over mining.
They are smarter than Americans and took over.
What position would be better ? Be the Chinese miner dumping ?
Or be the American foolish kid buying them ?
Mining operations do not run on or for idealism.
They run to make money..
so i have no doubt the majority of mined BTC from China is just dumped for real money.
America etc had it's chance but it dragged it's feat and did too little too late.
China seized power and i doubt your getting it back now.. so then what ?
What is the end game guys ? ..think about it.