Time Stamps:
0:00 Centralization of Mining in China
4:20 51% attacks on BTC?
6:53 Selling Pressure from Chinese Miners
7:40 Outlook
10:28 Redistribution of BTC Mining
11:45 Renewable Energy
14:34 Why this “FUD” is actually Bullish

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29 replies
  1. Jillian
    Jillian says:

    Newbie here. Still learning, so I do have a question. Couldn't all governments make it illegal for any retail business to accept bitcoin? I guess I'm thinking that if I were to own millions in bitcoin, yet I can't use it to buy food, gasoline, necessities because the government has banned businesses from accepting it, and I can't sell it and turn it into fiat currency, then what good is it? What would prevent a government, or all governments from doing this so we continue to use their fiat currency? I know I'm missing something. Could someone explain? Thank you!!

  2. welldread
    welldread says:

    You're forgetting the difficulty adjustment aspect of BTC mining. If global hash rate decreases during Chinese mining pool migration the difficulty adjustment will also decrease in response to adapt. Nothing to worry about. 😊

  3. MrSatstube
    MrSatstube says:

    Any mining company have a vested interest in using non coal sources and renewable sources at every opportunity especially during crypto winter as ELECTRICITY Aa huge part of their costcenter and hence profits.. so I'm sure there are plenty of Chinese miners already trying their best to use renewable sources where possible

  4. G-Raff Asaurus
    G-Raff Asaurus says:

    All govern-ments are evil.
    Decentralization and privacy all the way!
    Surprised you guys haven't talked much about privacy coins (or maybe you have and I've missed it?).

    In any case, keep up the great work!
    Getting closer everyday to being a Patreon member now 😉

  5. jordinja
    jordinja says:

    Yes, bring it on! Very bullish about this news, especially the opportunity to make BTC the greenest AND most decentralised financial network, beyond doubt. After that, the environmental FUD will be even easier to dispel.


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