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US Miner Concentration is a Major Threat to Bitcoin | EP 582
Around 38% of the Bitcoin hashrate is located in the USA. This makes it a potentially easy target for the American government to try to coerce the Bitcoin network for it's own political gain. Today we explore this potential weak point.
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Sources:
► BTC Stats:
https://twitter.com/sovmichael/status/1569264243299549184?s=52&t=4AxGkhKMsl2c-_i6TXSJhw
https://twitter.com/sovmichael/status/1569264243299549184?s=52&t=4AxGkhKMsl2c-_i6TXSJhw
https://www.whitehouse.gov/ostp/news-updates/2022/09/16/technical-possibilities-for-a-u-s-central-bank-digital-currency/
► BTC News:
https://finance.yahoo.com/news/ecb-taps-amazon-four-others-090700339.html
https://twitter.com/TuurDemeester/status/1572046089888333826?s=20&t=wBRigqL6rgHoZoT1u2GT2A
https://t.co/BZ23nh6ZPL?ssr=true
https://finbold.com/kenyas-central-bank-governor-admits-pressure-to-convert-countrys-reserves-into-bitcoin/
https://darthcoin.substack.com/p/omg-ln-nodes-are-running-on-amazon
https://www.nobsbitcoin.com/ofac-sanctions-iranian-ransomware/
https://www.nobsbitcoin.com/us-treasury-ofac-new-sanctions/
https://bitcoinmagazine.com/business/bitcoin-mining-concentration-in-america
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DISCLAIMER: All views in this episode are our own and DO NOT reflect the views of any of our guests or sponsors.
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