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RE: Cryptocurrency interest is skyrocketing in Russia

in #cryptocurrency7 years ago (edited)

the thing is, everyone is trying to be the "world power". we will see a lot of countries competing with each other. This will bring decentralization into the world of finance. It´s still sad to see that china is having control of almost every Bitcoin mining facility. Hopefully this will change.

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A russian Putin minion is investing 100 million in Bitcoin mining facilities. McAfee is investing too in Washington state, the race is on.

Yes. Even in a decentralized arena, there is a way to centralize part of the process. Mining seems to be the ticket where, with enough horsepower, one can simply overpower everyone else.