@slayer10...China doesn't own Bitcoin but they have the control over the miners. If China would destroy the miners the mining would continue in other countries. Nothing would happen. But China could manipulate Bitcoin with the miners. For days or even weeks nobody would know what is the truth. And this could destroy Bitcoin but not with certainty. It's just not a good feeling when China has this possibility.
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You are absolutely right. I'm talking about this. I think especially when America has so many bitcoins, it has to create its own mining. It should not ignore the possibility of manipulating China or any other country. @mafsteem