Post
Topic
Board Bitcoin Discussion
Re: BTC is amazing. But...
by
Patatas
on 29/07/2017, 06:28:12 UTC
There are many miners spread all around the world and just as many merchants and bitcoin users. China might dominate

Bitcoin mining, but they are not the only miners/users/merchants. We will take a huge hit if we lost China, but we will also

not go down without them. Asic chip manufacturing will have to move to Silicon Valley, if the Chinese market stops.  Roll Eyes
And then if the move to the Silicon Valley,all the unexpected,unwanted scene would happen to the bitcoin scene.Commercial vultures will start peaking their beaks into the decentralised cultures.Trump's Associates will use World Bank to put all the money into buying ASIC and start their own mining company which producers their own miners with a secret bitcoin controlling device inside it.
Sorry for my confused lecture.My point is,let China alone dominate the mining scene.