On: Bitcoin rises

[bitgossip]

I have heard from people who have heard, that the government of China is through proxies aggresively buying large amounts of Bitcoins for future strategic advantage.

I am not sure at all how accurate those reports are, it is probably just hearsay.

But it makes one think.

[rmc → bitgossip]

It's probably easier and cheaper for the Chinese government to just mine them. They'd control enough computing power.

[bitgossip → rmc]

I don't think so, the number of miners is giant nowadays.