Quote from: mirakal on November 27, 2016, 05:26:50 AM

Quote from: Hugroll on November 27, 2016, 03:16:02 AM

Quote from: SOMAcoin on May 08, 2016, 09:06:03 PM

People here have claimed that Bitcoin is in fact controlled and ruled by China, as mining is centralized by Chinese mining institutions.

Do you think that China is controlling/ruling bitcoin yes or no?

I believe that china controlls the biggest bitcoin exchanges and also the biggest bitcoin mining industries. but i would disagree with the saying that china controls it. It plays a big part in the success of bitcoin but does not control it.

Bitcoin is for all of us, and the control we are talking here is not the manipulation because I believe we are smart enough to understand if it's a manipulation or not. It's not centralized like the government are in control so we have the freedom to choose the action that we want.

yes that is right to say but i think in one sense we can say that China is controlling bitcoin, as the number of bitcoin users is more that users of bitcoin in any other country, so in this sense we can say that China is controlling bitcoin.