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Rabbit Hole Recap #258: You Can't Trust Prime Trust

Rabbit Hole Recap

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The Turning Point in the History of Bitcoin

Jihan of Bitmain controlled the largest mining pool and then indirectly because of a lot of his buddies that were buying his mining chips were also mining. He was supporting be cash, Bitcoin cash, a hostile fork of Bitcoin. And he refused to deploy his full hash strength on that chain because of the incentives of Bitcoin. So he didn't actually move that hash over. But that, to me, that was the turning point. The turning point was where he bent the knee was like, I've failed.

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