Post
Topic
Board Economics
Re: Does China Control Bitcoin?
by
tmlee
on 30/07/2019, 16:03:16 UTC
At the moment, most of the pools are consolidated in China (arguably miners too)
But there is a lot at stake, for someone to want to "Control" or "Manipulate" the network.
Expensive cost, game theory mechanics, high risk all makes up the high probabilistic finality of bitcoin transactions for it to be trusted in a decentralized manner.