ElectricCapital Executives: Federal Government May Prevent Bitcoin Mining Execution

According to CoinTelegraph on April 21, Electric Capital co-founder and partner Curtis Spencer hinted that the expansion of the Bitcoin network could be attributed to the goodwill of governments around the world. Spencer says the government can stop Bitcoin by restricting mining. At the cost of attacking the network, states can do it, and lawmakers have given bitcoin a chance to grow instead of nationwide mining. Mining operations are more strictly restricted. He believes the fact that Bitcoin still exists means the government is backing it.