Read_830 - How Bitcoin Thrived Through the China Ban

June 25, 2024 00:56:42
Read_830 - How Bitcoin Thrived Through the China Ban
Bitcoin Audible
Read_830 - How Bitcoin Thrived Through the China Ban

Jun 25 2024 | 00:56:42

/

Hosted By

Guy Swann

Show Notes

"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!

Other Episodes

Episode

June 20, 2019 00:49:37
Episode Cover

CryptoQuikRead_262 - The Island of Stone Money [Milton Friedman]

Does money need some alternative utility?  Is there an example of virtual money that could be hundreds of years old?  Today we read about...

Listen

Episode

September 03, 2022 00:26:31
Episode Cover

Read_649 - The Continual Power of Intermittent Mining [Zack Voell]

"Many aspects of the Bitcoin mining industry are poorly understood and often misrepresented. But one practice in this sector stands apart for the misunderstandings...

Listen

Episode

January 08, 2020 01:51:20
Episode Cover

CryptoQuikRead_337 - The Tyranny of Time Scarcity - Bitcoin Times Ed 2 - [Robert Breedlove]

“Gold, the ancient and prevailing monetary sovereignty layer (representing an unmanipulable money supply), and the internet, the ultimate engine of exchange (representing global interconnectivity...

Listen