Re: Chinas Crypto Crackdown Shows Governments Are The Enemy Of Bitcoin
What if this was a plot against USA's Musk? 
China definitely wants to become the world power, and billionaires investing in BTC is a great moment to take a simple action (banning BTC) in order to pull back part of USA's wealth. It's a quite weird of a timing, to be honest.
That's one conspiracy theory, but isn't Musk who triggered all these events China definitely wants to become the world power, and billionaires investing in BTC is a great moment to take a simple action (banning BTC) in order to pull back part of USA's wealth. It's a quite weird of a timing, to be honest.
I know it might be extreme thinking but what if all governments ban btc mining. Can they that? specially now that we are seeing they move towards cbdc. Wouldnt a global btc mining ban be very bad to all of us?
This is a difficult u undertaking because miners are dispersed all around the world, but targeting the highest concentration of miners could negatively affect bitcoin and maybe cause a clog of transactions.