RATE Group | China Has 19 Ways to “Kill” Bitcoin, Paper Says
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China Has 19 Ways to “Kill” Bitcoin, Paper Says

11 Oct China Has 19 Ways to “Kill” Bitcoin, Paper Says

Posted at 23:07h in Bitcoin News by

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A scientific work published by researchers from Princeton University and Florida International University revealed that China has more than enough possibilities and motives to “kill” Bitcoin or at least to do considerable damage to the blockchain’s stability.

The paper entitled “The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin” elaborates extensively on the love/hate relationship between China and cryptocurrencies. While the government has maintained a restrictive policy against the use of cryptos, mining activity is highly popular in the country.

In fact, it is possible to conclude that anti-bitcoin China is responsible for the generation of most bitcoins, and this is an inherent danger according to the authors of the study.

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