You are an honest and trustworthy man, but the world doesn't work that way. China won't be holding a press conference to announce their change in policy.
Large customers for ASICs will be contacted a...
"Large customers for ASICs will be contacted and told there is a problem with their order..." what will the price do in this case? Will the ASICs become cheaper or more expensive?
If this is done for long enough someone else will join and produce it cheaper because it becomes profitable.
Plus, there are BTC friendly countries like Butan, Iran, you name it, so they also have incentive to produce ASICs if necessary.
I think this is a critical time for btc, country adoption provides "kind of" security.
And I am not hyping country adoption, just saying...if your country decides to use it, you have something to lose, so it is in your interst to help keeping it alive
The "grey-/blackmarket rising with CPU choking" point is logical though
That´s the one disadvantage with ASICs. Its application specific....💁♂️
If this is done for long enough someone else will join and produce it cheaper because it becomes profitable.
Plus, there are BTC friendly countries like Butan, Iran, you name it, so they also have incentive to produce ASICs if necessary.
I think this is a critical time for btc, country adoption provides "kind of" security.
And I am not hyping country adoption, just saying...if your country decides to use it, you have something to lose, so it is in your interst to help keeping it alive
The "grey-/blackmarket rising with CPU choking" point is logical though
That´s the one disadvantage with ASICs. Its application specific....💁♂️
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