Post
Topic
Board Bitcoin Discussion
Re: No, China is not planning on unbanning bitcoin mining
by
Finestream
on 10/11/2021, 11:36:39 UTC
Last week we had a topic :
China is thinking about unbanning bitcoin mining after price rise
Do we need them? No! Can bitcoin survive without China? Of course, it does it right now and it's doing great!
What we definitely need to do is actually read more than the title when posting something around here!
Indeed, ofcourse bitcoin can survive without the support of the 2nd biggest economy in this planet namely China, there are still lots of other countries particulary in Asia who supports bitcoin like Russia. China's banning of bitcoin or other related transactions isn't going to have a negative effects in bitcoin because it is not entirely dependent in China or any country, it is decentralized that's why China has to drop its hope to control bitcoin or other cryptos. So let's accept the fact that they will reconsider their steps because it is already a closed case.