Post
Topic
Board Bitcoin Discussion
Re: Government trying to stop bitcoin, what I see
by
Dissident991
on 13/10/2018, 17:15:57 UTC
Here is what I see each time the government tries to stop or control bitcoin-






Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
What's about China with controlled by chinese mining pools 74 percent of Bitcoin’s hash power?  In theory they can directly influence on the Bitcoin network if they will unite or chinese government will take their farms by force.