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Home > The Breakdown > The Balkanization of Bitcoin: The Next Attack on BTC Is About Mining Provenance
Podcast: The Breakdown
Episode:

The Balkanization of Bitcoin: The Next Attack on BTC Is About Mining Provenance

Category: Business
Duration: 00:18:31
Publish Date: 2021-05-08 01:00:00
Description:

Today on the Brief:

  • Square puts up monster Q1 bitcoin numbers
  • First crypto comments from new SEC Chair Gary Gensler
  • 3 new institutional bitcoin developments 

Our main discussion: 

As bitcoin becomes more mainstream, the attempts from the powers that be to control it will become more subtle. This week, NLW argues we got a preview of a new approach to trying to exert that control. He argues there is a new attempt to Balkanize Bitcoin and looks at:

  • Iran banning crypto that wasn’t mined in the country
  • Marathon mining an “OFAC-compliant” block
  • Kevin O’Leary insisting on only owning bitcoin not mined in China
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