The Chinese government has long tried to stamp out cryptocurrencies in the country with varying levels of success. In 2021, a ban on mining finally sent firms packing and seeking countries like Kazakhstan with friendlier stances toward crypto mining. They've also found homes in towns all over the US, where companies are encountering both support and criticism from locals, as well as politicians at the state and federal levels. Will Bitcoin be regulated in the States, and how should our leaders approach it?
The vice guy gets the lightbulb moment in this towards the end 💡
edit: emoji
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It's interesting to see increasingly positive coverage of Bitcoin in mainstream news sources.
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Here's another post on SN that has the article on Vice from which this video is featured:
How Bitcoin Mines Were Airlifted From China to the US #21980 https://www.vice.com/en/article/7kb3aa/how-bitcoin-mines-were-airlifted-from-china-to-the-us
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