
CD28: el salvador, china, and bitcoin with @gladstein
Citadel Dispatch
Bitcoin Mining - What Are We Watching For?
The only concern here now is probably the US and honestly, it's funny because our own politicians may also prevent us to be able to make it happen. So we'll see. I mean, it might just be a bunch of global powers shooting themselves in the foot here. Right now, we're kind of in this special situation because of how Bitcoin mining developed to begin with China already had a large amount of hash. And they could really flex it if they wanted to. But when that understanding really becomes prevalent or widespread, ideally most countries will not have a large enough amount of the hash to do anything with it.
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