Unveiling Government’s Anti-Bitcoin Strategy: Insights From Simply Bitcoin

• YouTube channel Simply Bitcoin highlights the Government’s strategy to “Stop Bitcoin Adoption” in a recent video.
• The Bitcoin Total Hash Rate continues to reach all-time highs, reflecting strong computational power by miners.
• Dr. Albert Ngi accepts crypto payments to remove the stigma surrounding Bitcoin.

YouTube channel Simply Bitcoin recently posted a YouTube video with guest Dr. Albert Ngi, who is the Optemerist to accept crypto payments including Bitcoin. The video further delved into the Government’s new strategy to “Stop Bitcoin Adoption,” as the title suggests.

In the beginning, the show host announces that the Bitcoin price stood at $27,065 at the time of filming. However, at the time of writing, the BTC value has risen slightly to $27,175.

Moreover, the show hosts add that the Bitcoin Total Hash Rate continues to make all-time highs, which represents high computational power by active miners.

Meanwhile, the Simply Bitcoin host expresses his theory about an attack that happened on Bitcoin during the last bull market which “went under the rug.” According to him, in May 2021, the Chinese Communist Party banned BTC mining within their bir…

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