China has a strategy to become the first to apply CDBC with Yuan on the blockchain, then dominate the entire cryptocurrency industry. They have all the basis to do that: the world's leading mining network, a more open minded mind & want to do everything to compete with the United States on many fronts: economy, politics, weapons, medicine. technology, ...
Human resource is the most important factor in this field, the demand for Blockchain engineers is higher than ever in China. I think this is a good sign for the crypto community, but a concern for many people, including me.
I am really afraid that China will soon manipulate the entire world economy with the power of blockchain @@