China’s Planners Can’t Deal With Bitcoin – Bitcoin Magazine

This is an editorial by Andrew A, Bitcoin Educator and Contributor to Bitcoin Magazine

Like so many tragic characters in Greek mythology, China has a long and storied history of wresting defeat from the jaws of victory. Its ruling class, in particular, has always had an insatiable appetite for self-flagellation. The Bitcoin ban is the final chapter in this sad and devastating story.

With abundant natural resources, a massive population and complete access to the South and East China Seas along its 9,000-mile coastline, China was ideally created to be an empire of all ages.

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