Ripple CEO: Bitcoin Is Controlled by China

Bitcoin Forum

May 11, 2024, 07:17:26 PM

Welcome, Guest. Please login or register.

News: Latest Bitcoin Core release: 27.0 [Torrent]

Home

Help

Bitcoin Forum > Bitcoin > Bitcoin Discussion > Ripple CEO: Bitcoin Is Controlled by China

Pages: « 1 2 [3] All

« previous topic next topic »

Author

Topic: Ripple CEO: Bitcoin Is Controlled by China (Read 417 times)

arjanenako

Newbie

Offline

Activity: 224
Merit: 0

Re: Ripple CEO: Bitcoin Is Controlled by China

June 13, 2018, 04:54:12 PM

#41

Hmm, maybe because lots of Big whales came from china, and numbers of billionair came from china, therefore, big percentage of Investors, came from china.

Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.

1715455046

Hero Member

Offline

Posts: 1715455046

Ignore

1715455046

1715455046


	Report to moderator

brickafterbrickwalldpt

Full Member

Offline

Activity: 294
Merit: 107

Re: Ripple CEO: Bitcoin Is Controlled by China

June 13, 2018, 05:18:24 PM

#42

Bitcoin is controlled by China? Not really. The vast majority of ASICs is being manufactured and used in China but it doesn't mean that they control it completely. We could easily fork to allow GPU mining and disable ASICs but it won't happen. Developers are not from China and they can't control what will happen to Bitcoin. They couldn't force us to increase the blocksize, we chose SegWit.

HODLER Open Source Multi-Asset Wallet infrastructure test with $2000 worth of bitcoin for the participants. Read more here: https://bitcointalk.org/index.php?topic=5032817.msg46184177#msg46184177

Pages: « 1 2 [3] All

Bitcoin Forum > Bitcoin > Bitcoin Discussion > Ripple CEO: Bitcoin Is Controlled by China

« previous topic next topic »

Jump to: