Do the chinese think that by draconian regulations to keep their losses to minimum, and by having rest of the world fall 'helplessly' into a bitcoin trap that chinese government 'presumably' will take 'control' of, with which they will somehow forge a weapon to wield against world's financial institutions?
They be getting too ahead of themselves, sadly.
They be getting too ahead of themselves, sadly.
I dunno about Chinese people, but that was a hypothesis that I entertain(ed).
Like I said some time ago when I first postulated it, it would be a sharp knife that could easily cause grievous injury to the bearer. Particularly if they relied significantly on capital controls for their own monetary management which I believe China does.
At the end of the day, I'll bet that there is very incomplete communications and coordination (and much dis-agreement) within the Chinese central government in spite of their being a relatively good example of centralized control.
Anyway, I could be wrong about this stuff...I often am. It's only a hypothesis anyway.
