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RE: How Does The Closure Of A BTC Mine In Sichuan, China Affect BTC❓

in LeoFinance4 years ago

Interesting however if China does go on a full ban of bitcoin, it's only going to be at their detriment and not at Bitcoins detriment. Perhaps it will tell on the price in the short run, but that's all it'll be.

Does China have a superior currency in terms of ability to appreciate? to be transparent? to be immutable? to be cryptographically secure? Borderless? Without control of central authority? I guess no.

If China does not see that Isolating itself from Bitcoin is as good as isolating itself from the internet(global village) then im sorry for China and the people who'll choose to remain under such primitive authoritarian environment.

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It is still difficult for China to recognize the status of BTC!