What is Bitcoin? Who backs this digital cryptocurrency? What could happen if other countries join China and ban the mining and use of Cryptos? Why hackers and black market uses mainly Bitcoin? (untraceable)
A crazy idea of what could happen should more countries (i.e: G-7) decide to ban BTC for the high mining costs as China did recently.
Never traded a single Crypto but I regret not having shorted BTC at 60k when I had it clear it was time to crash.
I have no interest in this so I'm just sharing a catastrophic view from the technical and fundamental point of view, including some history details.
All the best whether you are a BTC fan or hater.
A crazy idea of what could happen should more countries (i.e: G-7) decide to ban BTC for the high mining costs as China did recently.
Never traded a single Crypto but I regret not having shorted BTC at 60k when I had it clear it was time to crash.
I have no interest in this so I'm just sharing a catastrophic view from the technical and fundamental point of view, including some history details.
All the best whether you are a BTC fan or hater.