{"id":3295,"date":"2017-09-20T10:29:43","date_gmt":"2017-09-20T10:29:43","guid":{"rendered":"https:\/\/ethereumworldnews.com\/?p=3295"},"modified":"2017-09-20T11:58:23","modified_gmt":"2017-09-20T11:58:23","slug":"china-ban-will-not-impact-bitcoin-mining-john-mcafee-comments","status":"publish","type":"post","link":"https:\/\/ethereumworldnews.com\/china-ban-will-not-impact-bitcoin-mining-john-mcafee-comments\/","title":{"rendered":"China Ban will not Include Bitcoin Mining: John McAfee Comments"},"content":{"rendered":"<p>John McAfee &#8211; MGTC Chief and cybersecurity claims that <a href=\"https:\/\/ethereumworldnews.com\/?s=china\">China&#8217;s regulation<\/a> towards <a href=\"https:\/\/ethereumworldnews.com\/?s=bitcoin\">Bitcoin<\/a> will not approach mining.<\/p>\n<p>On a twitter post with a picture celebrating his birthday, McAfee with Bitmain co-founder Jihan Wu and BTC cash proponent Roger Ver made the particular disputed report. The event was described by <a href=\"https:\/\/ethereumworldnews.com\/?s=john\">John McAfee<\/a> as an explaining meeting for him by Wu for China&#8217;s plans when it comes to digital currencies.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Jihan Wu enlightening Roger Ver and Myself about China&#39;s cryptocurrency intent at my birthday party in Hong Kong. <a href=\"https:\/\/t.co\/cX4UBUzlZ4\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/cX4UBUzlZ4<\/a><\/p>\n<p>&mdash; John McAfee (@officialmcafee) <a href=\"https:\/\/twitter.com\/officialmcafee\/status\/909728256068173824?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">September 18, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>One reader did ask very upfront about a subject that is going on since the rumors about the ban regulation&#8217;s have come out: Will China Shut down <a href=\"https:\/\/ethereumworldnews.com\/?s=mining\">BTC mining<\/a>? &#8211; and McAfee did reply very forward: &#8220;They are not&#8221; &#8211; adding later on that WU &#8211; &#8220;knows and is more connected than me or you&#8221; that is why listening and learning from him is worth the time.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">They are not.<\/p>\n<p>&mdash; John McAfee (@officialmcafee) <a href=\"https:\/\/twitter.com\/officialmcafee\/status\/909751186198118402?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">September 18, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This is in contrary with the rumors and reports that are spreading out stating that China&#8217;s decision will not stop only with the exchanges. To start off, information on a document was declaring that the Chinese Gov will be blocking access to website like <a href=\"https:\/\/ethereumworldnews.com\/?s=bitfinex\">Bitfinex<\/a>, Bithumb including the peer-to-peer trading platforms like LocalBitcoins despite that the paper was unverified it went through at least a Bitcoin core developer Samson Mow which is a sign of truth-strengthening.<\/p>\n<p>This was followed by a closed-door meeting that took place on Friday as stated by Wall Street Journal &#8211; in which Chinese official and regulators did communicate about the over-the-counter bitcoin trading should not be allowed. The same information source did state that a mining industry insider did comment on the matter declaring that China could be planning to terminate mining companies and pools which would count 65% of the total network.<\/p>\n<p>Amid the Bitcoin mining discussion McAfee did add that he is indeed a holder of <a href=\"https:\/\/ethereumworldnews.com\/?s=bitcoin+cash\">Bitcoin Cash [BCH]<\/a> and it should not be ignored, while asked if he support <a href=\"https:\/\/ethereumworldnews.com\/?s=segwit\">SegWit2x<\/a> he replied:<\/p>\n<blockquote><p>\u201cRight now I support everyone\u2026.Except the homeless person who ate someone\u2019s face.\u201d<\/p><\/blockquote>\n<hr class=\"bs-divider full tiny\" \/>\n<div class=\"bs-shortcode-alert alert alert-simple\" style=\"text-align: center;\"><em>\u2013 For more Cryptocurrency market related Updates and News Follow us on our\u00a0<a href=\"https:\/\/www.facebook.com\/ethereumworldnews\/\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a>\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/EtherWorldNews\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a>\u00a0pages.<\/em><\/div>\n<div>\n<hr class=\"bs-divider full tiny\" \/>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>John McAfee &#8211; MGTC Chief and cybersecurity claims that China&#8217;s regulation towards Bitcoin will not approach mining.<\/p>\n","protected":false},"author":3,"featured_media":3296,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,22],"tags":[664,1233,126,185,663,528],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/3295"}],"collection":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=3295"}],"version-history":[{"count":0,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/3295\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media\/3296"}],"wp:attachment":[{"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=3295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=3295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=3295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}