You're missing a Bitcoin flaw:
The major flaw with Bitcoin is that most of the miners are in China. If the government of China suddenly decides that they want to change the way the block chain is calculated, the Bitcoin community votes to change it by the majority of the miners forking and adopting the new code. This is how the Bitcoin community votes on codebase changes. They could do this at any point hypothetically. The government silently threatening miners or eventhrowing them in jail publicly.
dam.
Buy Monero.
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