Post
Topic
Board Economics
Re: China is able to do 50%+1% attack. It means, China dominating the crypto's. Or?
by
ifinta
on 06/11/2019, 07:28:19 UTC
The biggest farms are in China. They had already more as 50% many years before... I think, this portion is more at this time.

And do you have any kind of proof for this apart usual China owns bitcoin bs?


I read  page 1 and 2 and up until now there is no answer to this.

Okay, your point is about google taking the larger power of mining and then China? So 50-50 to them then there will no more miners that could do it?
So are you saying they have the control with bitcoin afterwards because of that capability?

Look at your surrounding, specially here in bitcointalk forum. Dont you see  greed?
I don't think they will be focused on mining bitcoin. They will create their own and try to bring down bitcoin. That is what I see which could happen in the future. But due to the support of the people bitcoin might stay alive even if brought down by those companies.

If I have that futuristic technology then forget about bitcoin. I will create something better. Grin

Yes, I see greed. And I will do also, if the bitcoins will have 0 value. I started a diskussion about it - at right time, I think. If you have only greeds, then please, my answer is here:  Grin