I can't understand what the hell this Chinese are trying to prove. They should be kicked out from bitcoin or china should ban bitcoin i know Chinese have maximum hashing power but why not USA don't dominate bitcoin world.
Because, according to Trump, China has been aggressively stealing American jobs for the last thirty years at least. If we are to take his words seriously (and they seem to have some truth in them, let's be honest), we should also accept that some of the stolen jobs were exactly that, i.e. Bitcoin mining jobs. That's one of the reasons why the US doesn't dominate the Bitcoin world, at least, in what concerns Bitcoin mining...
In short, life is not all beer and skittles
Also I don't see China now stopping to accept Bitcoin transactions from USA
They don't need to block all such transactions. Demanding higher fees from US based web wallets like Coinbase and Xapo will suffice
This thread should be treated purely as a hypothetical 'what if?' scenario. Not based in reality. It isn't actually happening. Nor is it ever likely to
We can't even say with surety that the recent congestion was not some rogue Chinese miner playing Bitcoin Ping Pong