That's why I think a US ban on mining is actually good for Bitcoin. Developing countries need Bitcoin more than American
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Miners don't want a 51% hack they want their Bitcoins to be worth as much as possible.
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Hmmm, I have mixed feelings about this. On the one hand, America could lead the charge into global hyperbitcoinization. The amount of talented, bullish, orange pilled people here is truly mindblowing. They won't give up without a fight.
But yes, that does not come without risks.
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Good read and definitely something to grapple with.
Law of unintended consequences is all over this concentration in US.
Maybe China pulled a chess move last year.
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