They learned they can actually control it.
Control. Could you explain how China can control Bitcoin and its network, please. You believed they can so you do have your reasons for this thought. Can you share with explanations?
I don't think China or any nations can control Bitcoin. They can create news, policies to manipulate the price in short term but in the long term, none of them can prevent Bitcoin to reach $1 million.
One donator made a price prediction in 2011 that Bitcoin will touch $65,000 that is the price for this year. He is a time traveller. You can predict and become another time traveller.
1 BTC = 65000 USD!By DEFN anybody that 'controls' +51% of BTC, controls the blockchain, and its decision process; Its consensus process and all. People here think that the 66% that control BTC in China will not work together, YOU must remember the ASIAN mindset, if you don't do what your told you will DIE, note that Jack Ma, once the richest man in CHINA is gone from public view, they took him out to make an example to everyone. Don't think for a second the CCP isn't playing a life and/or death game here.
By DEFN, by Satoshi's white paper from 2009
China control +67% of BTC mining in CHINA, worst of all CHINA make +90% of all the worlds ASIC bitcoin mining hardware, and it all 'calls home to mom'
In summary, ANT(alibaba) owns BITMAIN. the CHINA gov just took ALI-PAY (ANT) from jack-ma; CASH is already GONE in China, they 100% use ALIPAY on their mobile phones, soon they'll be using CBDC(china-crypto), so called 'digital-yuan', that self destructs after issuance, so it can never be used as a store of value.
China(GOV) CCP can now re-deploy if they wish their CBDC ( cross border digital currency ) on BITMAIN hardware, and all the other minority like Avalon, ... and on that HW they can deploy THEIR code
Or if they want to have fun they can just shutdown their 67% of the world mining for a few weeks and watch fee's go to $1000/transaction
IMHO its what they have been doing all along, milk this baby until its DEAD, much of the money floating BTC to $65K came from uncle-joe stimmy, and orange-don (old skool mob), uncle-joe is 100% CIA, orange-don, well he's old skool FBI, j-edgar-hoover; Recall that CIA director casey said a few years ago "When everything the USA public thinks is true is a lie, then our mission will be complete", with the new CIA school of woksterism, tehy're 110% their
The reset is all about transferring FINANCIAL basis from West to East, this has been well planned all along going back to 1950's setup by Rockefeller (BigOil), who paid for Mao, and Chiang-Kai-Shek, as its said, the CIA always hires the two worst bullys in any country to beat each other to death, destroy the country, and then the CIA owns the country; Once Mao consolidated power, and killed all CIA opposition ( 30M ppl ) Nixon brought in the USA to liquidate and setup factorys, and move USA production to Asia, reducing labor from $10/hr to 1 cent/day
How does CHINA protect its own people, they're told to buy GOLD, everybody in ASIA owns GOLD from China to India, down to Malay; Only in the West are ppl told NOT to own gold.
So when the smoke clears the west will own virtual-wealth, and the Chinese will own the worlds GOLD.
ASIANS will become the owners and USA will become the largest walled whore-house destination for sex-tourists on earth, not unlike Macau near Hong-Kong.
I think the really interesting thing here in the short term is what CHINA-CCP will do with the BITMAIN(all of the bitcoin mining HW on earth), how will it be deployed??
Think about the USA, CIA-NSA creates BITCOIN, and normal guys create exchanges and the IRS steals COINBASE and is now the USA gate-keeper for BTC in USA; Build it and they will come, is now build it and they will come & steal it. What CCP has done to ALI-ANT is exactly what the IRS ( USA MAFIA ) has done to Mixing companys and exchanges on USA soil.
It's all a big-club, and like George Carlin once said, none of you will ever be members.
None of the worlds BIllionaires believe in borders, that's why they all have private property on Hawaiian Island(Gates), or New Zealand(Musk), to wait out the reset during the coming USA civil war.
Just for fun google Rockefellers famous quote "That funding Mao to power in China was his greatest experiment", this is exactly what Prescott Bush said in 1920's when he brought Hitler to power. Almost all the war's and power grabs in history have been financed by a few rich guys in UK. It used to be called East India Company, now its just called CIA, or the Company. Just like the Opium crisis today in the USA, its exactly how they destroyed China in the 1880's.
