nanarchy on 05 August 2017
| SickleSigh said: How does China being the majority of miners create a problem? They provide a service required for the currency to function. Much like everything else, China is taking the reigns of global power. It's not a manipulation in anyway. It's an occupation. Like the kids who make our phones. |
It means control is centralised in a single country and hence subject to that countries policies, laws, influence and potentially manipulation. China for the most part is no worse than any other country but you see all these people arguing that the strength of bitcoin is it is not in any single governments control and influence when that could not be any further from the truth.
