Re:Bitcoin Tumbles as PBOC Declares Initial Coin Offerings I...
by jankotek on Tuesday September 05, 2017 @02:12AM
(#15172883)
It works opposite way. Bitcoin mining is centralized in China, so firewall would cutoff rest of the world. (it ads latency and makes it harder to announce newly mined blocks)
Eliminating ways to export value without controls by the government, in retrospect, seems like one of the more obvious reasons to control the flow of information. There's suppression of nationally embarrassing facts, but only recently have things actually gotten more serious than providing a high (but climbable) wall.