OK, apparently they do see the writing on the wall. The Foudry U.S.A. mining pool (with 32% hash rate) will receive a ton of pressure to censor transactions once Bitcoin is used for Russia-China trade at significant scale.
https://www.cnbc.com/2024/07/30/russia-considers-legalizing-crypto-as-a-form-of-payment-amid-sanctions.html
Guess they better spin up their own pool. Nation state game theory, etc., etc.
Please Login to reply.
I also suppose it’s fortunate for them that Bitmain is a Chinese company.
Indeed!
Interesting times for Bitcoin are ahead.