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A comment on India to propose cryptocurrency ban, penalising miners and traders. Parent comment

Re:India to propose cryptocurrency ban, penalising miners an... by user-the-name on Monday March 15, 2021 @08:12AM (#26465016)
Well, there's absolutely nothing democratic about controlling Bitcoin. But that won't make China any more interested in giving up control to it.

Also, Bitcoin is not technologically capable of getting anywhere near close to functioning as a global currency on large scale.

[ Parent | on HN ]
Re:India to propose cryptocurrency ban, penalising miners an... by iso1631 on Monday March 15, 2021 @08:18AM (#26465090)
China has about 65% of the bitcoin mining capacity online at the moment, it already controls bitcoin.
[ Parent | on HN ]