According to many news and our discussion on this forum, we know that bitcoin is legal as a property in China but not accepted as a currency. Bitcoin mining was banned in China but presently China still has the second highest bitcoin miners. China is a country that can be used to know that nothing can ban bitcoin because of its decentralized design.
If bitcoin will be made legal in China, I think it would be the currency part. But which I do not think I'm this can happen soon. I think those people that are posting it on X that China will soon legalize bitcoin are posting rubbish. Or what is your opinion about it?
It's certain that they are looking into ways how they could control people who use bitcoin, and not that they are done now, but they are looking at the future for a potential of something like that, and I bet they are going to eventually have a way of doing this, they will not end up with anything impossible since if KYC is possible, and they have like citizen credits etc, those type of control over their own people, then they could make this work too.