China's trillion dollar mistake...
China thinks they are doing something good by prohibiting bitcoin mining.
Whether it be to protect the environment or slow down capital flows, they think they have done the right thing.
However, history will not look kindly on this move.
As bitcoin moves to other jurisdictions and flourishes over time, China will have missed out on a multi trillion dollar opportunity.
It's sad that a country could be so short sighted with such a big opportunity in front of them.
China's loss will be the US's gain, and many others as well.
Wait until Fauxcahontas gets her way and we regulate them out of existence
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Who? And regulate who out of existence?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Liz Warren; bitcoins and cryptocurrencies. Especially with accelerating inflation
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
ASIC miners are still manufactured in China and the prices are not going to crash anytime soon... They are just moving money from one pocket to another.
The trend is to move TOP 100 cryptocurrencies to Proof-of-Stake or derivates. There will still be some CPU-friendly Proof-of-Work coins though, but FPGA and GPU mining will also be phased out eventually.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Is it only about money? What about environemental effects?
Si le plus important c'est l'argent que l'on gagne ou l'on perd, alors, oui, ils ont probablement fait un mauvais choix. Mais personnellement, je pense que l'appât du gain nous fait oublier des valeurs beaucoup plus importantes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit