Closed blockchain tokens is no bitcoin.
in notting more then a fancy spreadsheet , not different from debitcard.
this happned to a other closed blockchain
https://twitter.com/TuurDemeester/status/837474331613609985the power of bitcoin is that anybody can make a wallet , without any question.
China is not so important as we found out see price , end yes most likely there will be a correction somewhere but that is not a PBOC dump , because bitcoin DOES NOT CARE!
Because you can only dump coins ones
, unlike fiat were banks can make "coins" out of thin air....
Making extra bitcoins out of thin air to dump them on a market is imposible
its is the most secure imutable form of transaction , it is digital gold.