I'm not sure I buy the claim that high ranking CCP members hold large amounts of bitcoin. Anything to substantiate this claim?
It's easy to discern from looking at events. The CCP runs nothing like a normal government in a normal country. Everything is centralized in an authoritarian structure with no checks or balances. What can and can't be broadcast as news via the CCP's media network is strictly controlled. There is a Propaganda Ministry for a reason, and a member of the CCP's Politburo Standing Committee governs the Propaganda Ministry for a reason. Bitcoin is a technology that provides a certain level of anonymity and freedom on an economic level, which contradicts the CCP's overall modus. Specifically, it makes it very easy for CCP members who are embezzling money out of China to do so with relatively little opposition. It goes against the CCP's survival. So, in my opinion, if the CCP's Propaganda Ministry broadcasts a piece like this it is because it benefits the personal interests of high ranking CCP members.
Furthermore, the common Chinese citizen can in absolutely no way afford to dabble in BTC. They are impoverished and destitute. 700 Yuan for 1 BTC is outright unattainable if you aren't upper-middle class and above. Even less is it safe for them to do so when the entire country's Internet is strictly controlled by the CCP's massive surveillance network. Assuming that the common Chinese citizen can get involved with BTC is even more naive than believing the people in western slums are going to get involved with BTC.
So, who can afford to dabble in BTC? China's wealthy. Who are China's wealthy? CCP members and those closely affiliated with them:
http://www.forbes.com/2011/09/14/china-rich-lists-opinions-contributors-john-lee.htmlIf you think that's not true, keep in mind it is very, very difficult to exist as a business or a wealthy person in China without the blessing of the local CCP bosses. Bo Xilai's various campaigns in "countering corruption" were all fronts to eliminate his enemies and competitors in business. People routinely get charged on false charges and get sent off to labour camps to endure years of torture, rape, and murder because of this type of factor.
There's just no reason for CCTV to air this article unless someone has a vested interest in a pump. Every single one of you who thinks that CCTV runs as a normal journalistic outlet does in the West, or even one as degenerate as Fox, simply does not understand the Party. It is no different from giving credit to North Korea's media when it shoots its mouth off.
This is not untrue. But it is still obfuscating the issue because it implies western governments are a lot better.
Western governments also censor media.
Western governments are also corrupt.
Because China is still a poor country the businesses you mention where you have to have connections are actually relatively big. But most big companies in the US also have a lobby in Washington.
The United States have been running wild after the second world war by going all around the world and killing innocent people as well as supporting dictators and subverting regimes that are not friendly. China has not been going around the world killing innocents in other country on a massive scale, at least not yet.
Do you really purport that western governments are not using propaganda?
Also, you don't have to be wealthy to dabble with Bitcoin. Your wealth only limits the
amount of Bitcoin you can get.
You also say that the Chinese government monitor the entire country's internet...well the NSA monitors the internet, sms and phone calls of the entire world.