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I Am Ready To Transfer My Life Savings Into Your New Bank, Mr. (real) President. (media.patriots.win)             MAGA            
posted ago by Iam445 ago by Iam445 +4670 / -2
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– RogueLikely 1 point ago +1 / -0

Having the largest percentage of a crypto doesn't give you control over it.

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– hloblart 1 point ago +1 / -0

Having more than 50 percent of the hashrate does.

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– RogueLikely 1 point ago +1 / -0

A 51% attack is hypothetical and also becoming statistical less and less possible the more popular bitcoin mining becomes. Even for China, amassing enough computing power to literally be over 50% of ALL bitcoin mining worldwide is a feat that's rapidly becoming not possible.

Edit: To clarify, chinese people currently make up over 50% of all the hashtag power of bitcoin mining, but the CCP doesn't. Frankly, it makes sense that the biggest investment into bitcoin is from the largest communist country on the planet. Bitcoin is specifically designed for situations like modern day China.

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– kwqt 2 points ago +2 / -0

but the CCP doesn't.

Well, that's not how China works. If its controlled by a mainland Chinese person, its controlled by the CCP.

There is no law in China. No "ownership". No rights or courts. And its gotten so much worse the past decade under Xi, and its going down ever more rapidly.

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