In this video, I discuss the recent China Bitcoin ban, its effects on the network, and the coming wall of money from Bitcoin institutional investors.
I also discuss the tradeoffs between proof of work (PoW) and proof of stake (PoS), when it comes to nation-state attacks on crypto. PoW is much more robust, while PoS is much more vulnerable to the confiscation of one or more large staking pools.
Not investment advice! Consult a financial advisor.
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin #BitcoinNews #China
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