Hong Kong regulators announce they are taking the first steps to put bitcoin mining under Chinese regulatory control. Said regulation will decide who can and can't mine bitcoin in a bizarre twist which could have lasting impacts into the near future. With centralization mining being decided by government bodies does the Bitcoin narrative of being decentralized really hold water and should the community and developers do something to prevent this type of regulatory take over? #Bitcoin #BitcoinTrading #CryptoTrading #GoldenCross #DeathCross
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