4min chapter

The "What is Money?" Show cover image

Why Freedom Matters with Neil Oliver (WiM237)

The "What is Money?" Show

CHAPTER

Bitcoin Mining

If China can't ban Bitcoin mining effectively, that bodes well for every other jurisdiction in the world. It's just so much easier to let some of this business transpire in your country and tax it or be a part of it than try and actively enforce a ban on this global competitionevery 10 minutes. And when they do ban it, you know, these things Bitcoin miners are just little boxes. So they get packed in a box and shipped somewhere else and plugged back in. The network's constantly adapting to the state's attempt to whack a mole kind of thing. You know, money is, money is part of it, but it's, it's only apart of it

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