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For all known mineral commodities in the world, one thing is certain: whoever wants to get them will have to mine and mine until they find it! Finding is the easy part of the equation!!! Subsequently, it is necessary to purify, treat, transform into ingots, or, in the case of oil, put in barrels. But does not stop there!Once the commodity is obtained, it has to find itself a buyer, regulate its price, resell, guarantee delivery and continuity. In other words, finding an oil well in your backyard, or gold, does not guarantee you will be rich: because the stages, today, depend on few companies that hold the monopoly from extraction to trade!In case you didn't already know, all the commodity taken from the land today is only removed because it was already sold two years ago. That's right, what is being mined today, in a futures contract, had already been sold a year or two ago! What guarantees the mining operation.The futures contracts, today, are suffering great devaluation because the total produced is not enough to cover the contracts made years ago!And then, the role that generates the mineral, the oil, has no value at all... or has very little value! That's the risk you take in futures markets - just as in tulips! In the chaos of bitcoin mines, there is no future contract. There is simply a law of supply and demand. Satori's technology, with limited emission, makes the price fluctuate, already in the mine, according to demand.This would ensure a certain stability to the system, as more mines would pay less, as the amount of currency would be finite. Thus, keeping the entire system more immune to large market fluctuations.Perfect, were it not for the fact that no one really thought that the mines, which regulate currencies - and not just bitcoin - were physically attacked to the point of imposing restrictive laws on their operation.To understand the geopolitical scenario, it is necessary to verify that moving the financial market, as demonstrated by the 2008 crisis, physically affects a country at its most vulnerable: economically active people who are allocated and generating income to move the economy of that country .By attacking this ever-vulnerable point of a country, you plunge the country into an internal instability that starts in the economy and ends in politics: unemployment puts pressure on social protection systems. The pressure on these programs undoubtedly increases the pressure on health and safety systems. This disruption leads to societal pressure on politicians, management policies and, in the medium term, determines new post-election managers.This plunges any country into a spiral of uncertainty, makes the GDP fall, makes technological investments and weapons have to go to support the population and maintain those who still have jobs.In short, attacking a country's financial system is equivalent, nowadays, to the same impact as dropping an atomic bomb with an epicenter on that country's stock exchange building. With the advantage of not contaminating the soil with radiation.More than four years ago, China launched the national, state-owned blockchain technology research and development program. This purely national technology was a response to the constant and escalating attacks on various stages of the Chinese state economy through small micro-embargoes from the West: USA and European Union.China did not want the danger of attacking its over-controlled financial market. In a way, China has a certain advantage, since it lives in a pseudo-democracy whose bureaucratic machine is controlled, with an iron fist, by the communist party.Finally, 4 years later, with all the researches, allied to huawei, completed, it signaled in April that it would launch its own cryptocurrency, to rival the announcement of the United States (which also uses cryptocurrency as a financial deterrent!).What was not expected was the attack on mines which, today, correspond to 1/5 of all bitcoin mined in the world and 1/4 of all ethereum mined in the world.China gave, until the end of June, for the mines to stop their activities. Those that remain illegal - and, as it is a Chinese state-owned company that controls electricity in the country - will have heavy sanctions and those responsible will be arrested on charges of attacking the Chinese state.The last province that was resistant to this, Yunnan, last week, consented to apply these restrictions. They had already done the same, the interior of Mongolia, Xinjiang and Qinghai: forced the total or partial shutdown, to "adjust" the electrical consumption of the mines to only 25% of what they were using. By way of controlling energy waste in China.In a narrower view, China is not actually banning, just limiting. But that means, for miners, having to have 4 times more hardware structures under operating at 25% to continue their mining. This in good terms means an increase in production cost by 400%.In a broader view, it would mean that these mines will make room for others outside China. But then, the problem is one of infrastructure: the cost of electricity in China is 10 times less than in Europe and 8 times less than in the United States. This means that to keep production at the same level, the cost would increase, in electricity, by more than 1000%.Environmental, speculative, financial, geopolitical, infrastructure and a pre-financial digital war impasses will certainly make the prices of cryptocurrencies unstable, increasing the flight of capital volume to less risky ventures.Mines were business without too much risk. They became the weak point of the system.Make no mistake who thinks that China doesn't want the mines, they are responsible, in China, for the input of 3% of the Chinese GDP, in circulating volume of monetary value. In fact, as a technique of more than three thousand years, if you almost kill yourself as a worker, any offer a little better will be accepted. What will the mines, then subsidized by the Chinese state, mine in a little while in order to maintain the livelihood of those who live in this business?Chun-li apparently won one more round!Have a good game!
