Is it true, bitmain controls 70% of bitcoin mining? If it's true, I think it can be dangerous for the bitcoin ecosystem. Because, there is no meaning decentralizing bitcoin
By looking at current conditions, there are so many fraud cases using crypto as a means. I think there needs to be some kind of regulation, the purpose of which is to protect the community from harm. So that there are no victims, or at least minimize victims
Whatever the conditions, in my opinion it is important. Because, if the government or bank accept cryptocurrency and want to provide legality, then it will make people increasingly believe in cryptocurrency. And finally, it will keep the cryptocurrency away from negative perception
I believe, this prediction will come true. Now it's a lot, companies are starting to adopt blockchain technology on their platforms. This will automatically expand the use of cryptocurrency in our lives
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It feels, I will not care about China. Whatever the government says, or whatever regulations have been made for crypto by the Chinese government, I don't care