I’m throwing darts here but would be awesome if someone did the research. Just from growing up loving to play every type of strategy game devised, China is on a path to world domination, and they are realizing that Bitcoin is a factor they didn’t take into account for their 100 year plan to world control.
Typically to “win the game” you first collect as much resources as possible. (World reliance on manufacturing) Then you start taking other’s resources from them. (Foreign investment in land and currency) Lastly when the rest can no longer afford to replenish their resources, it’s easy pickings to snap up more territory. (China is Currently flexing military power on the world stage)
As I see what has happened over the last 30 years in Geo-politics. It’s pretty close to what China has been employing.
Having a currency they are unable to manipulate, or control, available to the world. Puts a major thorn in the side of the plan to world domination.
Unfortunately for them it’s too late, the genie is out. Bye-bye centralized manipulations
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