2 Jun
2021
2 Jun
'21
4:35 p.m.
I wrote:
This article <https://www.aljazeera.com/economy/2021/5/24/china-crackdown-forces-crypto-mining-operators-to-end-operations> reports on how many large cryptomining operators are moving out of China in the wake of the Government’s actions against them.
However, seems the Government’s crackdown has its weaknesses. They can find and shut down physical mining installations, but it’s harder to stop cryptocurrency traders continuing to trade -- as you would expect, given the nature of cryptocurrencies <https://www.aljazeera.com/economy/2021/5/31/bb-despite-crypto-crackdown-in-china-traders-continue-bets>.