Bitcoin is still vulnerable to nation state manipulation. I would guess that gre... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		RcouF1uZ4gsC on March 1, 2021 \| parent \| context \| favorite \| on: Bitcoin may be optimally positioned to become pref... Bitcoin is still vulnerable to nation state manipulation. I would guess that greater than 50% of the mining capacity is in China. If the Chinese government decides they want to screw with Bitcoin, they can.

sprash on March 1, 2021 [–]

This is not true. Network consensus is not reached by miners but by the nodes in the network that recieve/transmit transactions and blocks.

If you want to protect Bitcoin from "chinese nation state manipulation" simply run a full node.

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact