BTC Mining banned in China would be terrible news right, not so fast...
The latest crackdown from China appears to be related to Chinese miners.
While there is no ban in place yet and probably won't be, if there was it would actually be a good thing for the industry.
Check this out:
(Source:
1395794942295953410) twitter metadata:bWljaGFlbF9zYXlsb3J8fGh0dHBzOi8vdHdpdHRlci5jb20vbWljaGFlbF9zYXlsb3Ivc3RhdHVzLzEzOTU3OTQ5NDIyOTU5NTM0MTApfA== ~~~
If the Chinese coal miners are turned off, bitcoin actually becomes incredible green.
Go ahead China, make your move.
We are prepared either way.
Stay informed my friends.
-Doc
My thoughts exactly , Fuck China we don't need them anyway. @jrcornel do you know how many times China did this shit in the last bull run in 2017? Fucking governments trying to control us. Oh no Bitcoin is not dead yet we better try and destroy it , to many people leaving fiat to go to bitcoin. Well governments around the world , you are correct no one wants you to control them anymore and we are all going to crypto so FUCK YOU ALL!!