Why China Can’t Handle Bitcoin

The paranoia over the possibility of their power being questioned is why China can’t handle bitcoin and has outright banned it.

China has a long and storied history of snatching defeat from the mouths of victory, much like the tragic protagonists of Greek mythology. Particularly its ruling class has always had a voracious hunger for self-flagellation. The ultimate chapter of this depressing and terrible saga is the ban on bitcoin.

China was well-positioned to become the empire of all ...

Subscribe to view this content.

Explore exclusive GGI coverage of Donald Trump’s assassination attempt.

 
Do you have a tip or sensitive material to share with GGI? Are you a journalist, researcher or independent blogger and want to write for us? You can reach us at [email protected].