Tariffs, capital controls could fragment blockchain networks — execs

Crypto executives warn that geopolitical tensions could disrupt blockchain networks, limiting access for users. With tariffs looming, particularly on Chinese imports, the essential hardware supply for Bitcoin mining could face significant risks.

The Bitcoin network is highly dependent on specialized hardware, making it vulnerable to trade disputes. Executives emphasize that tighter capital controls could hinder citizens’ access to Bitcoin, potentially restricting accumulation and usage.

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