Quote from: m0gliE on June 14, 2018, 02:09:03 PM

Quote from: jamesashmore1964 on June 14, 2018, 10:13:18 AM

This news is slowly coming out but over half the Bitcoin miners are Chinese entities!
What would happen if the Chinese Govt took the mining over from the entities: It is a scary possibility and i was made aware of it on a you tube channel that has 200,000 subscribers!

What would be the point?

You have to first think of that, what would be the point for the government to take over btc?
It's not like Chinese market is worried in any way about btc... Or like the cryptos are frightening the Chinese government. They have such a tight control on their internet that they already can slow down the expense of btc in their country if they really care about it xD

the point is spreading FUD. the question is whether OP is trying to do it or if he is a victim of some dumbass on the internet who is spreading a 3 year old FUD as a new one.
honestly China is so 2015-16 now. nobody cares about them anymore the day their volume bubble broke and everyone saw how fake everything was over there. Wink