So, the last dip was mainly caused by China. If a government can wipe out about 70% of global Bitcoin miners, then decentralization of the coin is limited in reality. China’s perspective on tech is interesting. Here’s a podcast explaining other types of control they do.
So, the last dip was mainly caused by China. If a government can wipe out about 70% of global Bitcoin miners, then decentralization of the coin is limited in reality. China’s perspective on tech is interesting. Here’s a podcast explaining other types of control they do.