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2024-09-02 18:28:18

The Bitcoin Commons on Nostr: What if China purposefully "banned" mining to decentralize the hash rate, because ...

What if China purposefully "banned" mining to decentralize the hash rate, because they want #Bitcoin to succeed?

No reserve currency can escape Triffin's dilemma, China probably knows this from watching the US decay, and would not want to repeat this mistake.
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npub1v2j9qp8sl8av3klnxny29pnkle8cmucc9m7unwrzauaehvhl0rzsrdgaq7