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Re:China's Ban on Bitcoin Follows a Pattern Frequently Used ... by jdoliner on Tuesday July 13, 2021 @01:24PM (#27823601)
This will only affect the flow of new, mined bitcoins which are a small percentage of the total supply. Bitcoin's protocol also has a difficulty adjustment built into it, so when hashrate goes down mining difficulty goes down to compensate so the rate of new bitcoins being mined stays pretty even over time.

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