Post
Topic
Board Bitcoin Discussion
Re: Is CHINA CONTROLLING Bitcoin?
by
Deep BTC
on 03/04/2017, 18:26:33 UTC
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?

It is not possible to know exactly. But we know that China is a serious influence on bitcoin prices.
A large majority of miners operate in China. China does not directly control bitcoin. But I think they control the bitcoin indirectly.