China Planners Can’t Handle Bitcoin – Bitcoin Magazine

China Planners Can’t Handle Bitcoin – Bitcoin Magazine
China Planners Can’t Handle Bitcoin – Bitcoin Magazine

This is an opinion editorial by Andrew A, a Bitcoin educator and contributor to Bitcoin Magazine

Like the tragic figures of Greek mythology, China has a long history of tearing defeat from the jaws of victory. Its ruling class in particular has always had an insatiable appetite for self-flagellation. Banning bitcoin is just the latest chapter in this sad and destructive story.

Blessed with an abundance of natural resources, a massive population, and full access to the South and East China Seas along its 9,000-mile coastline, China was perfectly set up to be the empire of all ages.

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