you think that there are only 2-3 big farms? and only in china......
(facepalm)

bitfury for instance have SEVERAL physical locations for the asics, that connect via several stratums to a pool.
bitmain for instance have several physical locations for the asics, that connect via several stratums to a pool.
slush for instance have several physical locations for the asics, that connect via several stratums to a pool.
and so on

in short there are ALOT more than 20 physical locations even if stats only show 20 'pools'

those pools can be run from any location and API the header data to the MANY physical farms in seconds.
take slushpool. people think its being run in china.. but actually its run from thailand.
bitfury can be run from georgia, iceland, san Fran, etc

pools have already mitigated all the current risks. and if a new law was to be created to outlaw mining. then the asic farms in an area that is proposing to outlaw mining, can hire a truck. load up their asics and move them to another location within 48 hours. far faster than it takes government to propose, discuss and vote on a new law.

again remember there are MANY asic farms per pool. so the impact of moving these individual farms vs the overall hashrate is not much.
hitting/raiding or moving a farm WONT stop cause bitcoin to stall for 48 hours. pools will still make blocks in the average timescales we expect(~10mins(2min<->1hr)).

to clarify and explain a few details:

the winkles already bought their bitcoin for their trust YEARS ago.

their ETF is not the actual bitcoin price. but a SHARE price of the COMPANY(trust) the winkles own.

do not confuse the ETF with bitcoin. they are 2 different things.

...
now with that said. when/IF the ETF is released people may convert their retirement portfolio's to include ETF shares. (not affecting the bitcoin price)
but may prompt people to SEPARATELY find out more about bitcoin and SEPARATELY try to buy real bitcoins (not ETF shares).

issues with buying real bitcoins though, is the headache of buying bitcoin, due to all the registration requirements and maximum spend limits of exchanges will limit large whales.

so the ETF can cause a chain reaction. but how soon and how much this chain reaction may cause.. is an unknown variable

the chinese market was never big in the first place.
just Fudsters and spammers embellished and racially exaggerated 'china control' purely to cause speculation

seems the sig spammers are just copy and pasting.

anyway.. subtle things can change without needing to change "bitcoin"

satoshi QT would be the bigbang (in your story)

core would be the invention of religion trying to change things and confuse people as to how the way of life should be.
pretending they have been around since the beginning and their rule is law, their preachers are law and everyone should follow their religion

well decades later radicals still exist and so do drugs.
do you need more proof that governments cant do anything properly, thoroughly, effectively and permanently?

lol i made something bold. which is where you are word twisting to make it sound like it solves the problem for bitcoin but it only prevents users who use these "relevant " (segwit) tx's from doing the things that cause a problem.

but you are not realising that people wont use those "relevant" (segwit) tx's.. meaning.. in the real world.. outside of your utopia.. the problem for bitcoin is not solved.

scammers and spammers will continue to use native keys to make native tx's, even after segwit would activate.
accept the reality! segwit does not solve the problem

you have no clue, you are just a bad salesman that has only had 1 hour training on the product your trying to sell..
you have failed to sweep the real problem under the carpet. and instead done the most obvious and crappy attempt to sweep the problem under the carpet.

atleast learn something and stop just being told crap scripts to read and repeat.

---

right now im still laughing that people think segwit solves the problem for the whole of bitcoin. when all it does is stop the few people who voluntarily choose to move their funds over to segwit keys from performing the problems, yet doesnt stop the malicious users who will just continue using native keys.

its such a laugh at how empty segwits promises are becoming even the fee discount only moves prices down to a level of a few weeks ago. which later is not a noticeable discount due to the average tx fee price rise over time

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edit

your inability to read a few paragraphs is probably the most revealing thing about you

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segwit is an empty gesture. end of

its all to do with whatever service agreement terms they signed

eg if they signed to say 1cent a tx .. then mercury should only charge 1cent a tx

if however they signed to say 1cent introduction, but variable with 1month notice..
then mercury need to inform the merchant a month before going up to 4cent a tx and allow an exit of the agreement usually penalty free, unless stipulated.

it appears the merchants were not signed up to a variable fee agreement, but mercury went ahead and changed fee's without notice

if you dont want a rebrand. then why say hodler or BTC..  you should use holder and Bitcoin.

i hope you see that we dont need to change "bitcoin" the network consensus protocol name. but we do need to think about the terminology of the common concept of the words within bitcoin. to make bitcoin more easy to explain and roll off the tongue in common conversation

if you want a company to "manage" your funds.
use something like coinbase.

blaming satoshi for human error is like blaming a gold miner for why your aunt forgot where she put her necklace

its not about renaming bitcoin.. its about branding.

EG Apple is still apple. but they went from just a computer/music device to the phone device and now smart watches.
you can gt them in gold, silver and pink.

this does not mean Apple is now "Banana".

as for bitcoin

EG instead of lengthy public keys. promotional material should concentrate on QR codes. or even NFC methods of making payments
EG instead of btc, measures in 'bits' should be common
EG instead of 'wallet' the term 'keyring' could be used to describe where the privkeys are stored.

analogy:
gold is still gold, but..
instead of gold bar promotional material concentrates on circuitry, ingots, jewellery
instead of tonnes measures of ounces and grams
instead of goldsmiths the term reserves, vaults could be used to describe where gold is stored

its about the understanding and utility of bitcoin that needs to be tweaked not about 'using altcoin'

legal tender is not about humans prohibited from usage... legal tender is the government accepted payment method.

EG even with fiat you cant pay court fines using credit card, euro or dollar
EG even with fiat merchants in india are not required to accept euro's, dollars,

bitcoin is a currency, but banks of india will stick to indian fiat.
this does not stop citizens from doing what they like. yep they can even trade antique paintings for rice if they want. or bitcoin

lauda you have debunked nothing.
others have debunked nothing.

your only rebuttle is "he is wrong <insert insult> wave victim card"

segwit solves nothing because spammers and scammers will still use native keys so the 'problems' of quadratic spam, low tx count and malleability will continue.

you cannot denie that!

call me any insult you like to show your loyalty and defend blockstream.. but concentrate on bitcoin. you have to accept that segwit does not fix the problem.

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your over use of umbrella terms and not understanding the context of the subcategories shows you still need to learn.
for months i have not said you should shut up. instead i have said you should learn something. its called constructive criticism.

learn consensus
part of that involves learning that soft and hard are umbrella terms and there are subcategories below BOTH

learn 'orphans' - part of that involves learning that orphan is an umbrella term.
a parent does not need to be killed off for a child to be an orphan. and there are many types of orphans.

i have even helped you direct your education in a direction that doesnt involve you 'spending years learning how to code c++' (your mindset last year). so you have no excuses to not learn basic concepts. because you can still learn alot about bitcoin without needing to learn how to code

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i know you have not read lines of code. but it may be worth you atleast not having cabin fever of only listening to one narrative from the group you have pigeon holed yourself in. be open minded, think outside the box and wear the critical thinking cap. not the blockstream defense helmet.

separate yourself mentally from blockstream. and think about BITCOIN.

you will get further along in life if you realise bitcoin should not be reliant on your gods adam back, sipa and gmaxwell.

bitcoin is not about being controlled by a few guys. so stop defending the guys. otherwise when they leave you are going to be heart broken.
devote your attention and mindset to bitcoin. not blockstream employees who can come and go.

---

lastly logical and smart people are critical minded. not utopian dream salesmen. so when you see a dev sweep something under the carpet or try to sell you the empty benefits instead of addressing the problem. think critically about it. dont be fooled that they are a good person because of their sales pitch.

life lesson: dont be sold by a sales pitch or glossy image. read the small print and terms/conditions.

all dependant on how many connections to other nodes you have.

less connections = less bandwidth usage

here we go again more silly failed thinking by the commercial centralists that want to run hubs and only see $$$ profits
"billion users by midnight.. bitcoin cant cope so lets stop billion users over decades because of "billions by midnight"  fake doomsday"

changing everything so there is no mention of "bitcoin" either as protocol / network / currency = bad.

but the currency will eventually move down to something like 'bits' naturally via common conversation/ usage over time.
millies is just a temporary intermediary 'measure'. i dont see a reason to teach people to move from btc to milly and then later to bit over the next decade.

probably better to go from btc to bits,

much like not point going from tonnes of gold in ancient egypt to stone, kilograms pounds to ounces to grams.
instead tonnes to ounces to grams

no one is saying rebrand gold to "yellowmetal" or rebranding bitcoin to "hashcash"

but knowing how natural measures and terminology of currency vary in common conversation and utility.
i do see
eventually we will be talking about the currency measure as 'bits' eventually

and for logical common discussions of explaining things. maybe changing 'wallet' to 'keyring' has an advantage in analogy terms

meanwhile over 60% are smarter and on neither side. yet some troll want to throw anyone not kissing blockstreams ass.. into a BU camp

MEGA FAIL if bitcoin understanding.

time you learned
consensus.

also even without killing the parent.. a child can be a orphan just by being rejected. real world orphanages are not just places whre kids whos parents have died are placed. (learn real world logic)

you can play with buzzwords and rebrand things all you like. but to real people that look beyond the buzzword games of twisting the narative. the truth speaks for itself

having spoke to many banks and businesses and also from my own experiences helping businesses in the past. the problem is not "bitcoin" its startups not understanding the FIAT rules.
also a few cases are where chargeback scammers try to get their wire transfers reversed by pretending they are victims of scams.

this is not a 'banker attack on bitcoin' but a regulation and bank rules enforcement on fiat

in short if you want to run a business that accepts fiat. (for any purpose) know the terms and conditions of the account you are using (dont use personal account for business transactions)

hand over a business plan to the bank explaining how you will mitigate the 'chargeback scammer' risk.
hand over a business plan to the bank explaining how your 'funding' is not linked to crime
hand over a business plan to the bank explaining how you will audit your funding and identify possible threats

its more about these "exchanges" not declaring they are a business and not having a business bank account. because then they are required to show regulatory approval if they declare the business as a money business.. so most of the 'startups' try running large multidollar businesses using 'personal accounts'

this is not about banks. but fiat regulations. which starts at the government end.

if you want to touch fiat then expect to follow fiat rules.

now you know why bitcoin was invented. if you only hand bitcoin and not touch fiat your not in the jurisdiction of fiat rules.
double edge sword.

we already see blockstream rebranding things..

'its no longer blocksize, but blockweight'
'its no longer blockheight that matters but chainwork'
'its no longer satoshi-qt, but blockstream-core'

things i think that will NATURALLY change
is when people measure their holdings in 'bits' (100sats)

things that should change to avoid confusion
if we call a 'wallet' a 'keychain'/'keyring' (you know the thing in your pocket that holds your [door] keys together)

i think once 'bits' become common place people can understand the difference between
Bitcoin (consensus protocol network)
bitcoin (the currency)

i know people try to use 'btc' for the currency and bitcoin for the network. but some terminology should change either naturally through time due to laymen using it. or by us actively thinking about the words we use and the imagery it conjures up when talking commonly to people. to help make describing it less of a headache