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@ErdoganTalk

@ErdoganTalk in October 2020

@ErdoganTalk

State mining This goes for all mined coins. A state (or government) might favour the idea of mining bitcoin, because they have seen some temporal high profits. This is not new in history. Finding gold and capturing mines have been something kings have wanted. Example: The spanish conquistadors in south america. Why have some countries relied on gold as money, others with silver? Because the king had access to (could confiscate) mines of the respective type. A silver example…