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Author Topic: BitCoin: Too Big to Fail? or Too Big to Jail? - FED Goes Full Retard or Ponzi?  (Read 217 times)
hazenyc
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May 01, 2021, 09:36:02 AM
 #21

critical here to remember, China mines all the BTC, miners decide which transactions go on the block-chain; a flip of the switch on software and china could turn off all exits for the west, only leaving the east with the ability to 'exit', this alone, and this alone and why its not even discussed as national emergency situation is telling; that COVID & the RESET  are all part of this engineered take-down of the USA economy
The problem here is that China is not mining all the BTCitcoin that is created per day as there are miners elsewhere in the world as well and around 60% of the total hash rate of BTCitcoin comes from China but the rest 40% of the hash rate is created from other parts of the world.
The things you have in mind is a good FOMO that can be rewritten as an article and expect that you could invest in it once the valuation reaches your targeted entry point Tongue .

But that China does have most of the hash power and hence most of the daily produced Bitcoin is no surprise. It is a huge country with cheap electricity in many places and they, at least I think so, are also the major players in micro chip production. Isn't it almost self-evident that they have the lead in total hash power?
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