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Losing technological advantage will happen naturally as the gdp per capita increase in China and India. More population= more scientists= more innovation The
by 1996 8y ago
Losing technological advantage will happen naturally as the gdp per capita increase in China and India.
More population= more scientists= more innovation
The reserve currency status is tough. Would not happen naturally without major world events.
Which may be why China is so lenient with bitcoin mining. If 51% of the hashpower of the new currency is within your border, it is not as good as being the reserve currency, but pretty close to it. And it gives a advantage if you ever want to impose a fork with rules that would being home some benefit.