Topic: What is going to happen Biden orders remove of Chinese-owned crypto Miner? (Read 338 times)

Quote from: cryptosize on May 16, 2024, 08:56:50 PM

But what the president is doing i don't think, is going to end well with Chinese this is going to affect their business over there and more people. Even if they move out crypto at missile base it'll surely not change anything cause the Chinese crypto are really helping out there. I don't know what's your opinion towards this? Or maybe the Chinese are trespassing?

The mining facility is close to a US Air Force Base that houses intercontinental ballistic missiles. No country will want a political and military enemy to be close to such a sensitive facility. The location of this Chinese crypto-mining firm is a security threat to the US because they can easily collect sensitive information or even carry out an attack. My reservation is that didn't the land authority know that MineOne was a Chinese mining firm before the land was allocated to them. Now they are putting pressure on the crypto firm to relocate within 120 days.

Sounds like a national security issue.

But because they just want to relocate the mining farm, they may still be in the US. The first reason why they came to the US was because there was a crackdown in China during that time. Now that China seems to loosen its belt and even approve the ETFs in Hong Kong, I think the miners will likely be going back to China.

They should go back to china, all this while now is the time that these Chinese people will start spying on the military bases? Good one Biden, they should have investigated them or kept a close watch on them first before making this decision.

This shouldn't be so hard for the country to do because they can do anything i believe, they have all the right tools they will need, it would make more sense if they spy on these mining company and caught them in the act.

I personally believe that Biden is making this up, this mining company have been there for long already, and this point is all about guesse still, for all these while there should be some proof already.

If you hate Trump so much, Biden isn't better, there are others you can vote for, like Kennedy Jr.

legiteum

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[picture of Reagan not repeated]

Did you actually just quote Ronald Reagan in aid of surrendering our country to China and Iran? Have you no shame?

Quote from: spectre71 on May 16, 2024, 08:43:17 PM

No. You don't want the government in ANY business. It's always comes it disguised as something helpful and eventually mutates into it's intended malicious intent.

Biden does give a rats ass about security, that's a fact. We have a coordinated narrative that Warren is on with "security" and Iran. It's about the money, they can't manipulate BTC.

What China, Russia, Iran and other countries like them run are not "businesses" like the ones we run here in our democracies. You can't compare an action taken against our enemies to domestic regulation of private business.

And if Biden is manipulating the BTC price, he's doing an awesome job, since... (yes, this bears repeating), Bitcoin went up 500% under president Biden.

pooya87

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Quote from: electronicash on May 16, 2024, 01:34:48 PM

Quote from: pooya87 on May 16, 2024, 12:24:53 PM

Quote from: spectre71 on May 16, 2024, 08:43:17 PM

Based on your comments here, it would appear that you are fine with the Chinese government and the Iranian government being involved in business in the US, just not the American government preventing them from doing so. Interesting....

Isn't that the definition of Economic Liberalism inside a Democracy? Or was it all lies told to the sheeple to lull them into thinking they aren't subjects in a Neo Dictatorship regime? Wink

that's China's part of being overcapacity. who buys such land now with the kind of real estate market today? the mining farm will be forced to sell the land for the cheapest price. but i'm guessing this is part of their suspicion that there will be a Chinese hacking attack and it may come from that mining farm, remember this is a security concern since it's near the military base.

that mining farm might as well move to Venezuela where there is cheap oil to run the entire company.

You don't run a mining farm on oil, you run it on electricity and electricity isn't generated using oil. The electrical grid of Venezuela has had issues in the past so I wouldn't call it the most reliable and that is very important for an investor who wants to start such a business in another country.

As for the "real estate", I can't comment on it. The individual/businessmen who made the decision have to answer that. But that doesn't change the fact that actions against these individuals that have nothing to do with the Chinese government is against Economic Liberalism that US regime lies about having.

There is absolutely no "security concern" here either. That's just bullshit. As I said before, if China wanted to spy, hack or attack anything in US mainland they'll just send another balloon that US military won't even detect like last time instead of using the most obvious origin which is the bitcoin mining farm!!! Cheesy

cryptosize

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Never ever ever invite government into your business, they never do anything good.

Based on your comments here, it would appear that you are fine with the Chinese government and the Iranian government being involved in business in the US, just not the American government preventing them from doing so. Interesting....

The Trump administration would have done the same thing, so you should actually be okay with what Biden is doing here.

No. You don't want the government in ANY business. It's always comes it disguised as something helpful and eventually mutates into it's intended malicious intent.

Biden does give a rats ass about security, that's a fact. We have a coordinated narrative that Warren is on with "security" and Iran. It's about the money, they can't manipulate BTC.

spectre71

member

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Merit: 22

Never ever ever invite government into your business, they never do anything good.

Based on your comments here, it would appear that you are fine with the Chinese government and the Iranian government being involved in business in the US, just not the American government preventing them from doing so. Interesting....

The Trump administration would have done the same thing, so you should actually be okay with what Biden is doing here.

No. You don't want the government in ANY business. It's always comes it disguised as something helpful and eventually mutates into it's intended malicious intent.

Biden does give a rats ass about security, that's a fact. We have a coordinated narrative that Warren is on with "security" and Iran. It's about the money, they can't manipulate BTC.

stompix

legendary

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Merit: 6403

Blackjack.fun

Quote from: Ojinga on May 15, 2024, 12:21:41 PM

Even if they move out crypto at missile base it'll surely not change anything cause the Chinese crypto are really helping out there.

Helping what with what?

I don't think the Chinese are there to spy on the US. For my understanding before the Chinese got there they were an agreement between the two of them so the crypto Chinese being at the farm base facility their was a settlement conditions.

From what did you draw those conclusions?

Quote from: legiteum on May 16, 2024, 01:13:17 PM

I guess what Xi and Putin want is for people to be convinced that their dictatorships are the same as our democracies...

Don't bother, he truly thinks Iran is a world superpower and the only true democracy in the world, the level of brainwashing they apply there is out of this world!

Quote from: electronicash on May 16, 2024, 01:34:48 PM

that mining farm might as well move to Venezuela where there is cheap oil to run the entire company.

If things are so great in Venezuela and China, why does the US have the largest hash rate and Venezuela zero while China even banned it?
Funny how everyone says China is great, the US is bad, but every Chinese company wants to do business in the US, not in ~~SHITS~~, oh my bad BRICS!

electronicash

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Quote from: pooya87 on May 16, 2024, 12:24:53 PM

Quote from: pooya87 on May 16, 2024, 12:24:53 PM

Based on your comments here, it would appear that you are fine with the Chinese government and the Iranian government being involved in business in the US, just not the American government preventing them from doing so. Interesting....

Isn't that the definition of Economic Liberalism inside a Democracy? Or was it all lies told to the sheeple to lull them into thinking they aren't subjects in a Neo Dictatorship regime? Wink

that's China's part of being overcapacity. who buys such land now with the kind of real estate market today? the mining farm will be forced to sell the land for the cheapest price. but i'm guessing this is part of their suspicion that there will be a Chinese hacking attack and it may come from that mining farm, remember this is a security concern since it's near the military base.

that mining farm might as well move to Venezuela where there is cheap oil to run the entire company.

legiteum

member

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Isn't that the definition of Economic Liberalism inside a Democracy? Or was it all lies told to the sheeple to lull them into thinking they aren't subjects in a Neo Dictatorship regime? Wink

I guess what Xi and Putin want is for people to be convinced that their dictatorships are the same as our democracies...

pooya87

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Activity: 3472

Merit: 10611

Quote from: Ojima-ojo on May 14, 2024, 02:06:58 PM

Based on your comments here, it would appear that you are fine with the Chinese government and the Iranian government being involved in business in the US, just not the American government preventing them from doing so. Interesting....

Isn't that the definition of Economic Liberalism inside a Democracy? Or was it all lies told to the sheeple to lull them into thinking they aren't subjects in a Neo Dictatorship regime? Wink

yazher

hero member

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You own the pen

To a far extent, the US government are right in they decision to move the mining farm away from a military base, this is not debatable at all since it matters of security intelligence.
Having a military based and a bitcoin mining farm in the same location will lead to a more severe security challenge in the future, so it better to prevent that from happening as soon as possible, this is not about the United States government and Chinese government.

Obviously, this is a fair reason and if China wanted some explanations, then this is enough for them since this is not gonna make them waste their money rather they are just being warned right now not to do anything funny regarding their intelligence. It could be used for monitoring their moves and countering them whenever a war breaks out between these two heavyweight countries the US doesn't want that to happen and neither any country in the world will let such foolish things except their leaders are fools. But the sad thing is, that crypto will be highlighted and used to confuse investors once again.

Ojinga

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Patience is key

Quote from: davis196 on May 16, 2024, 01:22:08 AM

United States President Joe Biden has signed an order preventing a China-linked crypto mining firm, to see more of this News you can click in the link below 👇👇👇

https://cointelegraph.com/news/biden-orders-removal-chinese-owned-crypto-miner-near-missile-base

But what the president is doing i don't think, is going to end well with Chinese this is going to affect their business over there and more people. Even if they move out crypto at missile base it'll surely not change anything cause the Chinese crypto are really helping out there. I don't know what's your opinion towards this? Or maybe the Chinese are trespassing?

The short answer is one. Nothing! Nothing is going to happen to Bitcoin and the crypto industry in general.
AFAIK, the US authorities want the crypto mining firm to relocate it's facilities. They aren't shutting down the mining firm, they just want it to change it's location. This is some useless FUD/"fake drama"/clickbait news by Cointelegraph. I don't know whether or not the Chinese are spying on the US military base near them. Maybe they do. In that case, the decision made by the US authorities is completely right.

but they don't know if the Chinese are spying on them yet. What he the US authorities did, it's for their own safety purposes so I won't say they're wrong. It seems they're moving out from the military Base area and locating to a better place, my question is that, are the Chinese crypto mining farm moving out totally from US? Cause if they're moving out totally it's gonna affect the Bitcoin and crypto industry in general. So for now what the US are doing it's for their own safety.

davis196

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United States President Joe Biden has signed an order preventing a China-linked crypto mining firm, to see more of this News you can click in the link below 👇👇👇

https://cointelegraph.com/news/biden-orders-removal-chinese-owned-crypto-miner-near-missile-base

But what the president is doing i don't think, is going to end well with Chinese this is going to affect their business over there and more people. Even if they move out crypto at missile base it'll surely not change anything cause the Chinese crypto are really helping out there. I don't know what's your opinion towards this? Or maybe the Chinese are trespassing?

The short answer is one. Nothing! Nothing is going to happen to Bitcoin and the crypto industry in general.
AFAIK, the US authorities want the crypto mining firm to relocate it's facilities. They aren't shutting down the mining firm, they just want it to change it's location. This is some useless FUD/"fake drama"/clickbait news by Cointelegraph. I don't know whether or not the Chinese are spying on the US military base near them. Maybe they do. In that case, the decision made by the US authorities is completely right.

legiteum

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Quote from: hugeblack on May 14, 2024, 09:57:38 PM

Never ever ever invite government into your business, they never do anything good.

Based on your comments here, it would appear that you are fine with the Chinese government and the Iranian government being involved in business in the US, just not the American government preventing them from doing so. Interesting....

The Trump administration would have done the same thing, so you should actually be okay with what Biden is doing here.

Cryptoprincess101

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