• Kecessa@sh.itjust.works
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    1 year ago

    Ok, so you ignored what I said.

    China could have seized all mining equipment just by deciding to nationalize the industry instead of banning it, boom, 51%+ of the hashrate in the hands of the Chinese government. What were Bitcoin maximalists saying at the time? Fuck dick, as long as the price goes up, who cares about the tech behind it?

    • SwingingKoala@discuss.tchncs.de
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      1 year ago

      could have

      Yes, and the sky could fall on our heads.

      It didn’t happen, and it can’t happen any more.

      What were Bitcoin maximalists saying at the time

      They always knew miners are super mobile.