Yeah I was aware of that. It's unclear to me if it's a significant amount or not.
Isn't it a question of pool decentralization tho? And not whether there's still physical hash in China?
I need a pool to submit my transaction to.
But maybe I dont understand the issue well enough.
Heres another thought experiment that might be more germane.
Suppose I'm a person in the over-regulated New Western Bloc and I want to make a purchase with Bitcoin. But because csam, terrorism etc Western exchanges now require proof of origin of funds.
So the merchant I want to exchange with cannot accept my self-custodied SATs. They need to sell for fiat to buy raw materials and cannot take the risk these funds will be rejected.
Anyway
It seems to me there's a number of different ways it could go, which essentially amounts to sovereign usage being throttled to death.
Hanshan
npub1lx…6svxa
2026-09-03 01:30:19 UTC
in reply to nevent1q…3fma
Author Public Key
npub1lxzaxzge0jq9u9cecucctdt5lslwgp7hcxmp2l0wn8r2ecjenwasu6svxaPublished at
2026-09-03 01:30:19 UTCEvent JSON
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"created_at": 1788399019,
"kind": 1,
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"content": "Yeah I was aware of that. It's unclear to me if it's a significant amount or not.\nIsn't it a question of pool decentralization tho? And not whether there's still physical hash in China? \nI need a pool to submit my transaction to.\n\nBut maybe I dont understand the issue well enough.\n\nHeres another thought experiment that might be more germane.\n\nSuppose I'm a person in the over-regulated New Western Bloc and I want to make a purchase with Bitcoin. But because csam, terrorism etc Western exchanges now require proof of origin of funds.\nSo the merchant I want to exchange with cannot accept my self-custodied SATs. They need to sell for fiat to buy raw materials and cannot take the risk these funds will be rejected.\n\nAnyway \nIt seems to me there's a number of different ways it could go, which essentially amounts to sovereign usage being throttled to death.",
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}