5min chapter

Hidden Forces cover image

Silicon Valley’s Ultimate Exit: Arguments for and Against the Network State | Balaji Srinivasan

Hidden Forces

CHAPTER

Is China in a Position to Destrupt Western Financial Systems?

I do not see a scenario in which the chinese would be willing to allow bitcoin transactions and big point. China is in a position to destrupt western financial systems. They could maybe set up a peakaboo senario, where the chinese chain starts extending as miners can't see the rest of the world. And then you don't want any transaction to take place that doesn't belong to them.

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