Who in their right mind would miss an opportunity to make money? As we all know, China is a controlling country, my understanding is that they want to use the existing technology to make a profit. China has gone back and forth between banning and unbanning Bitcoin many times and mining Bitcoin too. But now as they see that they can make profits out of it, they want to use it. Don't be shocked if you hear that China has banned Bitcoin again and seized every Bitcoin from every miner and user. This won't make me surprised tho.
Or there is some other shit that's been going on inside but we don't know about it. Only time will tell.
Yes true, but sometimes when you are faced with "more control over your citizens vs making more money" some nations prefer more control, and China is a dictatorship, no matter how strong or financially great or whatever they claim to be, there is no elections that you can pick the president as citizens, which means that it's a dictatorship, and that is why I think they are going to prefer blocking bitcoin as much as they can.Or there is some other shit that's been going on inside but we don't know about it. Only time will tell.
So, a news about them letting it be, no matter if it's true or not, makes people a little shocked. We need to realize that it's not going to be that easy and we are going to end up with some bad results if we are not careful and this was exactly that, reaching to a point where you are shocked they would consider it.
