China has played a critical role in the crypto markets for several years now. A new paper written by academics from Princeton University and Florida International University suggests that China’s growing influence over Bitcoin’s key infrastructure has given the Chinese government the ability to heavily shape, or even destroy, Bitcoin. Bitcoin (BTC) was designed to be impervious to any form of centralized control. Bitcoin’s core infrastructure was built to give all participants in the system aRead MoreThe post Chinese Government May Wield Power to Destroy Bitcoin appeared first on Bitcoinist.com.
