-
A working class perspective on China’s tech regulations
Bourgeois pundits are alarmed by the Chinese government’s latest regulatory changes. A Wall Street Journal headline is typical: “China’s corporate crackdown is just getting started. Signs point to more tumult ahead.”
-
China’s crypto crackdown spreads to Qinghai and Xinjiang
Last month, the two regions were warned about missing energy intensity reduction targets.
-
Crypto crackdown: only the beginning?
The cost and time involved in validating Bitcoin transactions makes it unusable in retail transactions. So they will always be foreign currencies, where you have to trade in and out of them into a real world currency.
-
As China pursues a green future, Bitcoin miners feel the squeeze
Chinese cryptocurrency businesses mine two-thirds of all Bitcoin. But for how long will they remain welcome in the country?
-
Cryptocrap
Bitcoin’s growth from just being a tech curiosity was driven by popular discontent with banks and banking systems, mainly in the U.S. after 2008.