I don’t know who Jason is, but that is the dumbest thing I’ve ever heard. Hypotheticals are one thing but we have real data. China banned bitcoin mining and over night hash power disappeared from China. 6 months later it all came back. Some rigs started back up in china and others crossed the border and started back up. Now they are opening up to crypto again in Hong Kong. You can’t stop it, like grabbing shadows. Also the government still has to worry about cost it’s just the scale is vast. Energy is a real thing that can’t just be printed. Still has to be produced, turbines have to turn, and it has limits.

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I mean they could try and I’m sure it would cut down on it but people would still mine in secret from home. My point about china is they banned it but we still have hash power coming out of china. The CCP makes it their mission to know what their people are doing and if they can’t stop it then no other government will be able to either. I’ll check out the interview