Post
Topic
Board Bitcoin Discussion
Re: Is CHINA CONTROLLING Bitcoin?
by
airdnasxela
on 17/06/2018, 15:00:20 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?
No,  I don't think China is controlling or ruling bitcoin.  China has only a major part of bitcoin community like in the mining but I don't think they are controlling bitcoin.  Controlling means you have a power over someone or something and China do not control bitcoin.  Yes they have a big impact but again, they do not control bitcoin rather they are just one of indicators of the increasing and decreasing of the bitcoin's value.