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Blockchain Mechanic (OP)
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June 04, 2019, 05:03:07 AM
 #1

Seeing how Trump is trying to squeeze the Chinese into a deal and talking about how much they have taken away from the U.S... someone should mention to him that the U.S used to be the home of crypto, and that because of overzealous regulation and heavy taxation, Bitcoin headquarters is being moved to China. The Bitcoin Company is now worth $150 Billion and it's  all gonna go to China unless he signs an executive order making bitcoin legal tender in the U.S.

Equality vs Equity...
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Bitcoin_Arena
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June 04, 2019, 10:42:56 AM
Merited by Quickseller (1)
 #2

For your information Bitcoin has never been a company.

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June 04, 2019, 12:28:30 PM
 #3

Seeing how Trump is trying to squeeze the Chinese into a deal and talking about how much they have taken away from the U.S... someone should mention to him that the U.S used to be the home of crypto, and that because of overzealous regulation and heavy taxation, Bitcoin headquarters is being moved to China. The Bitcoin Company is now worth $150 Billion and it's  all gonna go to China unless he signs an executive order making bitcoin legal tender in the U.S.
First of all Bitcoin never moved its headquarters to China simply because there is no such organization that is called a Bitcoin. This cryptocurrency that we use is not a company.
If you are talking about miners then it have nothing in common with US regulations. It is only about the price of electricity. Many miners would be happy to move to less authoritarian place than China but it would cause big losses.
Blockchain Mechanic (OP)
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June 04, 2019, 08:30:34 PM
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Wow, i thought the sarcasm in my suggestion was pretty obvious.  Roll Eyes

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June 04, 2019, 08:42:16 PM
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Seeing how Trump is trying to squeeze the Chinese into a deal and talking about how much they have taken away from the U.S... someone should mention to him that the U.S used to be the home of crypto, and that because of overzealous regulation and heavy taxation, Bitcoin headquarters is being moved to China. The Bitcoin Company is now worth $150 Billion and it's  all gonna go to China unless he signs an executive order making bitcoin legal tender in the U.S.

The Bitcoin network has no nation, yet. It will not be U.S. or China even though you are joking.
Bitcoin can become a nation tho and I am sure the people in that society will use bitcoin to trade not yuan or usd.

I don`t know how they will feel about china owning 81% of the hashrate in that country though.

Honesty what they should do is split up bitcoin in between all of the nations and give them equal hashing rate per population, sure china still has more, they have more people they kind of need it, but instead of 81% of the hashing power being in China it would be 31% or something.

But have some global rule in play where like you can`t have more then 2 kids as a couple unless you want to give up your BIP(welfare).

Give everyone 1 kid coin, they get taxed or have to buy more kid coins or something if they use it.
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June 04, 2019, 08:50:35 PM
 #6

Seeing how Trump is trying to squeeze the Chinese into a deal and talking about how much they have taken away from the U.S... someone should mention to him that the U.S used to be the home of crypto, and that because of overzealous regulation and heavy taxation, Bitcoin headquarters is being moved to China. The Bitcoin Company is now worth $150 Billion and it's  all gonna go to China unless he signs an executive order making bitcoin legal tender in the U.S.

The Bitcoin network has no nation, yet. It will not be U.S. or China even though you are joking.
Bitcoin can become a nation tho and I am sure the people in that society will use bitcoin to trade not yuan or usd.

I don`t know how they will feel about china owning 81% of the hashrate in that country though.

Honesty what they should do is split up bitcoin in between all of the nations and give them equal hashing rate per population, sure china still has more, they have more people they kind of need it, but instead of 81% of the hashing power being in China it would be 31% or something.

But have some global rule in play where like you can`t have more then 2 kids as a couple unless you want to give up your BIP(welfare).

Give everyone 1 kid coin, they get taxed or have to buy more kid coins or something if they use it.

better yet give everyone equal hashing power www.bitswift.cash and the populous creates the coin. So instead of working for another mans money supply and them creating it out of thin air, everyone does and it is backed by time/duration.
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June 04, 2019, 08:54:18 PM
 #7

Seeing how Trump is trying to squeeze the Chinese into a deal and talking about how much they have taken away from the U.S... someone should mention to him that the U.S used to be the home of crypto, and that because of overzealous regulation and heavy taxation, Bitcoin headquarters is being moved to China. The Bitcoin Company is now worth $150 Billion and it's  all gonna go to China unless he signs an executive order making bitcoin legal tender in the U.S.

The Bitcoin network has no nation, yet. It will not be U.S. or China even though you are joking.
Bitcoin can become a nation tho and I am sure the people in that society will use bitcoin to trade not yuan or usd.

I don`t know how they will feel about china owning 81% of the hashrate in that country though.

Honesty what they should do is split up bitcoin in between all of the nations and give them equal hashing rate per population, sure china still has more, they have more people they kind of need it, but instead of 81% of the hashing power being in China it would be 31% or something.

But have some global rule in play where like you can`t have more then 2 kids as a couple unless you want to give up your BIP(welfare).

Give everyone 1 kid coin, they get taxed or have to buy more kid coins or something if they use it.

better yet give everyone equal hashing power www.bitswift.cash and the populous creates the coin. So instead of working for another mans money supply and them creating it out of thin air, everyone does and it is backed by time/duration.

Wait even better yet, instead of those people voting people to vote, they vote.
They can vote on where the taxes go that the network collects as they should they pay the taxes, they should have a say.

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June 04, 2019, 08:58:59 PM
 #8

wait even better yet, we fucking ditch the entire money system and become a resource biased system and work as a team.
https://www.youtube.com/watch?v=XQQYbKT_rMg
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June 05, 2019, 06:55:29 AM
 #9

Economic activity in regards to bitcoin has always been centered in both the US and in China, but this is likely because these are the two largest economies in the world.

The Chinese government has long been trying to regulate Bitcoin and cryptocurrency, and I don't think there will be a lot of additional innovation coming out of China. Some of the economic activity surrounding ICOs, and tokens that may resemble securities is taking place outside of the US, and is excluding US investors because of US based regulation.
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June 05, 2019, 02:31:29 PM
 #10

Seeing how Trump is trying to squeeze the Chinese into a deal and talking about how much they have taken away from the U.S... someone should mention to him that the U.S used to be the home of crypto, and that because of overzealous regulation and heavy taxation, Bitcoin headquarters is being moved to China. The Bitcoin Company is now worth $150 Billion and it's  all gonna go to China unless he signs an executive order making bitcoin legal tender in the U.S.

The Bitcoin network has no nation, yet. It will not be U.S. or China even though you are joking.
Bitcoin can become a nation tho and I am sure the people in that society will use bitcoin to trade not yuan or usd.

I don`t know how they will feel about china owning 81% of the hashrate in that country though.

Honesty what they should do is split up bitcoin in between all of the nations and give them equal hashing rate per population, sure china still has more, they have more people they kind of need it, but instead of 81% of the hashing power being in China it would be 31% or something.

But have some global rule in play where like you can`t have more then 2 kids as a couple unless you want to give up your BIP(welfare).

Give everyone 1 kid coin, they get taxed or have to buy more kid coins or something if they use it.

better yet give everyone equal hashing power www.bitswift.cash and the populous creates the coin. So instead of working for another mans money supply and them creating it out of thin air, everyone does and it is backed by time/duration.

I have only one question.

Who is the OmniPrescent Powerful Thing that executes these actions?
kotajikikox
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June 15, 2019, 11:41:07 AM
 #11

People bitcoin user is the boss.bitcoin no one controlled,no nation,no company.
There's some company use bitcoin but bitcoin company is different from company using bitcoin.And bitcoin was already great and will be great much more in the coming days.

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