Seemingly in the news we hear how China is anti Bitcoin and anti cryptocurrency and well that may be all well and true but for an anti Bitcoin Country they sure do have lots of hash. In the Top 10 mining Pools in the world China has around 4 maybe even more. Which comes to the question what is really going on in China & The Bitcoin. As usual thoughts and comments are more than welcome. Thanks.
China (as represented by its official government holding the power) is adamant in its anti-Bitcoin or anti-cryptocurrency stand and there can be no easing on this policy in the next coming years, or so I predict but I am hoping I can be wrong since China is really holding a big key towards more adoption and explosion of Bitcoin. Right now, China has the biggest influence in the mining of Bitcoin which do make some people uncomfortable because considering the mindset of the people at the helm in China we really do not know what can be or if there can be a big trigger that can push China to kick Bitcoin mining business out of its territory. Of course, we are hoping that if ever that can happen then there will be other countries that can step up into the game maybe for as long as mining is profitable.