very interesting when we hear that academics from Princeton University and academics from the University of Florida have concluded that China has the potential to threaten stability, internet infrastructure, security and bitcoin development.
in the world of mining, China dominates using ASIC vendors. China controls mining hashrate, so they affect the bitcoin protocol.
Is there a solution to stop that potency ?
I think that's wrong, Miners spread throughout the world so if china stop for mining, doesnt matter. And about bitcoin like miner bitcoin also spread throughout the world, so cant. Cina cant do that. And we already know bitcoin is decentalized, no one can control it. So about news, or statement about that don't be provoked
I agree on that China cannot really destroy bitcoin. That e are so many country that is now still believing in bitcoin and i think China is only one of many country that used bitcoin, so even if China banned bitcoin. I think bitcoin will not die at all maybe it can give a huge down as effect of banning but it can't really make or drag bitcoin down.