Blockchain - China - Utter Nonsense from Securities Regulatory Commission

in blockchain •  7 years ago 

Complete and utter nonsense. Techno-propaganda.

"Blockchain's advocates for absolute decentralization have no solid ground, because (blockchain) itself is a software developed in a centralized way," Zhang, head of the technology unit at China’s Securities Regulatory Commission, said in Beijing.

The electric light bulb was developed in a centralized way. Anyone can use it. The Android and IOS platforms were developed in a centralized way. Anyway can use them.

The blockchain software can be run by anyone with intermittent access to an IP address.

No, Communist Party of China, you do not get to control the blockchain.

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You want to do your own CryptoYuan, go for it.

You can be part of the world, or you can cut yourself off from the world.

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