China once banned ocean-going ships and global exploration... so them banning bitcoin (funding) portends well for the long term future of bitcoin!
They also once banned all hair styles except:
http://surbrook.devermore.com/adaptationsasianaction/jetli.gifI think they even banned kung fu once too.
They banned having more than one child, which means every generation there would be half as many people, and they would disappear at an exponential rate.
I think pets were banned at one time.
And Mao once tried to ban (exterminate) swallows, causing mass starvation as the insect population exploded and ate all the crops. And of course they basically banned private property (more dead).
I think twitter and facebook are banned... it goes on and on.
But anyway, thank you CCP, first for the fiat as your people desperately tried to flee your capital controls, and now for the cheap coins as they flee the exchanges.