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RE: China and Bitcoin

in #bitcoin8 years ago

The thing is if a large chunk of mining activity is clustered on a single place, a country can induce influence over the market indirectly. That is he reason why mining cryptos should.be more fair to everyone to avoid centralisation.

I just hope that all countries would adopt bitcoin soon. If more people are able to mine and run the network, the less likely it would be for a single country to control bitcoin.