Parallax Digital Ceo Black Swan Threatens Bitcoin Despite World S Most Secure Network Status Finbold
Speaking to Kitco News, Breedlove acknowledged that identifying the specific event is challenging, but any incident that radically reduces the hash rate will dim Bitcoin’s future. He stated that the hash rate plunged in the wake of China’s Bitcoin mining ban, but the asset has managed to recover. However, Breedlove notes that if China, the world’s most policed state, failed to stop mining, no other country could successfully outlaw Bitcoin and related activities....