Hosted By
"China’s current ways to censor the Internet are to block connections from IP servers serving content and block protocol-level attempts, such as Tor, at specific points. China is also incredibly aggressive in requesting Apple to do app store takedowns, which Apple regularly complies with. In 2022, for example, China was responsible for more than 97% of apps taken down by Apple for different countries. [...] Finally, within the country, law enforcement has access to physical surveillance and registered IDs of everybody in China who has purchased a phone, for example. Still, with all of this, and multiple regulatory notices and attempts to ban Bitcoin, China was not able to dent Bitcoin itself – which is humming along at a much better price level and activity level than the level of bans implemented by China."
~ China Bitcoin Book
How did Bitcoin not just survive but thrive despite China's relentless bans and regulatory crackdowns? Join us as we explore Roger Huang's fascinating analysis of Bitcoin's resilience against one of the world's most powerful governments. Discover what this means for the future of decentralized technology and why Bitcoin's robustness continues to defy the odds.
Check out the original article at How Bitcoin Thrived Through China's Bans And Became Much Stronger (Link: https://chinabitcoinbook.com/?p=158)
Links to check out
What I'm reading right now
Host Links
Check out our awesome sponsors!
The brilliance of the price system is in coordinating the values, deeply limited knowledge and scarce resources precisely to their highest value need without...
"The financial system in the United States, and for most of the rest of the world for that matter, can basically be thought of...
"The empty block attack is one where a majority of mining power would be directed at mining only empty blocks and rejecting non-empty blocks....
