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linknotzelda
China's plan to eliminate Bitcoin mining

Link: https://www.reuters.com/article/us-china-cryptocurrency/china-says-it-wants-to-eliminate-bitcoin-mining-idUSKCN1RL0C4

 

While I agree that  Bitcoin mining is a waste of natural resources, I also think that that's not the reason why China wants to ban it. Knowing how cryptocurrency can be the future of online purchases, they probably want to create one that they can oversee. Baffling though since one of the main drivers of cryptocurrencies is that there is no government oversight.

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