the chinese companies are, in truth, had you bothered to ask me, least afraid of shutting down
they have been continuously shutting down for 30+ years
as their valued outputs changed w/ the market place
(1) so to answer your question, <<What would be the fate of all that BTC mining operations once BTC goes to Zero?>>
... the mines would of course shut down. what a question. an sure you are just pretending to be silly.
(2) Re <<Yes. Big losses TJ.>>
... you are joking, of course. old and fully depreciated computers, and a fat wallet for of funds. You write as if brazilians do not know how to engage w/ commerce. Why?
(3) Re <<Unless, of course they will be used to the China copied version of the BTC as China is surreptitiously creating their own crypto>>
... so ... you have discovered who invented the crypto that the whole world ex-brazil is copying. Do tell, who invented bitcoin? Did you finally meet mr satoshi as you claimed he invented bitcoin? How about mr kaesor sosei?
Given double digit NSA affiliated folks are ethnic chinese, you know for sure a chinese math guy did not invent crypto?
... you somehow equate copying as a shameful thing, as opposed to part of learning process, that which requires diligence, study, reflection, innovation, etc etc. Perhaps we have discovered how brazilians are different.
(4) as to <<Yes, Elmat, the Chinese continue to trade despite closing of the exchanges.>>
... try "No, elmatroy, the Chinese are net net off loading bitcoins to eager buyers outside of china, after exercising diligence in mining, underpinning by commerce sharpness and backstopped by investment daring. They cannot <<trade>> bitcoins on any material scale (except peer to peer, which would be tiny) because there is no open exchange"
... duh
too funny :0)))) each day a new giggle. joyous. |
