China wants to buy time for other countries to expand into BTC.
In this case, all traders and investors alike may want to quit the Chinese market and go to foreign markets instead, like Japan and India.
what make you all feel that China cares about buying time or even that they care about bitcoin in general
bitcoin is just an instrument,a financial instrument like others that needs to be regulated
so they are doing just that-if some instrument is complex and versatile enough to be able to make holes
in the already existing great chineese firewall system of PBOC
then they react accordingly-regulating cause that is what central banks do
