It's more a question of motive.  If you check their post history, all they do is paint doomsday scenarios about Bitcoin so they can pump whichever altcoins they happen to be invested in at the time.  No one is going to take any of their suggestions seriously, because obvious shill is obvious.

I sincerely doubt the author of this topic, a renowned troll, is posting this because they have a genuine interest in PoC.  They're posting this because they have a vested interest in making weak and illogical arguments against Bitcoin.  They're using PoC as a smokescreen.

They'd rave about any untested concept you care to name if it meant they could take pot-shots at Bitcoin.  Tenacity is not an admirable quality in this situation.  If you want to support an altcoin, please go post about it in the correct subforum.  It doesn't belong here.

As far as I know, the reason behind the crash of Evergrande (and many other chinese business ventures, banks and businesses).

Involves CCP forcing CEO's like Jack Ma who founded & ran alibaba to step down. So they can be replaced with CCP loyalists who are simply inadequate to the task of successfully running a large enterprise.

There are many chinese capitalists who successfully found and run a large business venture in china. Who are forced to resign and step down. So that the chinese communist party can take over. That's the reason behind there being a long list of spectacular failures for large chinese businesses.

It is possible something similar is happening in the united states. Jeff Bezos may have been forced to resign from amazon. So that political special interests could seize control of it. Something similar may have been attempted with Elon Musk and tesla. Elon tweeted tesla would be guaranteed to fail without him as acting CEO.

There is considerably more political interference in the private sector today, than there was in years past.

As far as I can see, this is a matter for China and their banks, and I really doubt that the whole company will collapse just like that, and that the Chinese authorities will not do anything. There is speculation that the company rejects, but if it cannot remain operational and repay the debts - I do not see what is the other logical option.


The company offers debt repayment over a multi-year period, but it is speculated that it could go bankrupt by the end of this year - unfortunately, as always in such situations, the highest price is paid by small investors. Yet this situation hasn’t arisen recently, so I’m a little surprised that the Chinese authorities have allowed (and I don’t believe they didn’t know what was going on) the whole thing to escalate to this point.

The good thing about Bitcoin is that the Chinese have practically banned it (trading&mining), so I don't believe that bad news from China can be used for a new FUD.