Is Bitcoin really decentralized? What triggered the ‘biggest liquidation’ in history - Ran Neuner

Watch part 2 of this interview: https://youtu.be/rxiHU8qBHyM

The Bitcoin price fell by approximately 18% over the weekend and one of the factors behind this drop was a power outage in China’s Xinjiang region that caused a 45% drop in the hash rate.

The hash rate of Bitcoin measures the total combined computational power that is being used to mine and process the cryptocurrency.

Another factor behind Bitcoin’s price dive was speculation that the U.S. Treasury would charge several financial institutions with money laundering using cryptocurrencies.

Ran Neuner, co-founder of Crypto Banter, host of CNBC’s Crypto Trader and CEO of OnChain Capital called the power outage “a little bit scary” as it highlighted a major risk for Bitcoin investors.

0:00 - Bitcoin's hash rate drop
6:24 - U.S. Treasury vs money laundering
12:47 - Tax on Bitcoin?
14:14 - When to buy Bitcoin?
19:38 - Bitcoin vs. gold

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Видео Is Bitcoin really decentralized? What triggered the ‘biggest liquidation’ in history - Ran Neuner канала Kitco NEWS