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CD9: Bitcoin Transactions, Mempools, and Self Hosting with @wiz and @softsimon_

Citadel Dispatch

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Is China a Competitors to Bitcoin?

In totalitarian countries like China, for example, where they do control the internet quite a bit, it's much more likely that they can coerce the users to using a central bank digital currency. But in China, they're going to try and buck that Bitcoin option at some point where they already are. And so, it'll certainly be probably one area of resistance or one attack vector that a country like China could do. However, as the Bitcoin standard toss is: When it comes to people's money, they get really smart and they want to protect it.

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