Optimally positioned, as most mining happens in China and the only other candidate is the Yuan? :)
I wonder if the Citi analysts knew of the mining farms installed in Iran by Chinese businesses in order to access cheap electricity. If Bitcoin's value is derived solely from narrative, it's going to be great to see how the world reacts to that story finally turning up in the mainstream press.
I wonder if the Citi analysts knew of the mining farms installed in Iran by Chinese businesses in order to access cheap electricity. If Bitcoin's value is derived solely from narrative, it's going to be great to see how the world reacts to that story finally turning up in the mainstream press.