from Hacker News

China's Role in Bitcoin: How Cultural Differences Are Affecting Progress

by Sealy on 2/12/16, 8:04 PM with 1 comments

  • by wyldfire on 2/12/16, 8:44 PM

    > Chinese people don't grow up thinking about democracy and decentralization and individual freedom and liberty." > He says while the West wrings its hands over how to upgrade the network, the Chinese Bitcoin community's attitude is, "Don't bother me, I'm trying to make my money here."

    It's interesting. The Chinese merchants, users, and hashers all have inputs here. Ultimately if they want to make money they should consider how the global marketplace reacts to the blockchain debate. So, really, it's shortsighted to not consider the "western handwringing."