I agree. I don't think much would change that much offhand outside a short term market correction due to the loss of a large market. I've been secretly worried that China and/or Russia may try and manipulate bitcoin and other cryptos due to how much mining is taking place inside those countries.
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I think there is already manipulation built in, especially for the larger mining operations. They can pump coins due to the huge amount of power and currency they control. Bitmain is a good example - they can virtually drive prices each time they release a new piece of hardware
The greatest manipulator is the USA govt. If they are unable to manipulate bitcoin ecosystem be it mining or trading or undermining the Internet connections to bitcoin nodes, no other govt would be successful.
yup. The government is now just looking for their cut