Ripple CEO: Bitcoin Is Controlled by China...
The CEO told the crowd, "I'll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50% of Bitcoin". "How do we know that China won't intervene? How many countries want to use a
Bitcoin is like Napster: an important flop, Ripple CEO says... CNET | 2018-05-30 20:58 UTC
"We may come to find that bitcoin is kind of the Napster of digital assets," he said at Recode's Code Conference. "This is transformative technology, but Spotify and iTunes and Pandora rule the day because they engaged with regulators to solve a real problem."