So the lesson should be that sitting on your ass while others do something will leave you with less economic power. That is why China is the center of gravity in bitcoin. Not because they did something to you, but because they did something. Something you could have done but didn't.
The Chinese miners only dominate because they get free electricity through deals with their govt. That isn't about the west "sitting on their ass", but about an uneven playing field due to hidden subsidies.
Nope. The Chinese government isn't helping miners with 'hidden subsidies', the government doesn't actually like bitcoin or miners. However, it is easy to steal electricity in China and Chinese people have no morals at all. So, burning up tons of coal and killing the little pink lungs of your neighbor's children to make a few trinkets in magic internet money doesn't really bother them. It's a dog-eat-dog world, and let me tell you they do. They even eat Raw Dog. The fuckers are disgusting.
Everytime I hear eat, and dog in the same sentence, I get a txt mssg. RawDog... why you tease me?