There is a grand total of $2 billion per year, worldwide, to be made in Bitcoin mining. This number will probably only go down.
The Chinese economy is $11 trillion. I don't think Bitcoin mining really shows up on their radar.
Now, Bitcoin trading... that can make a dent. A single block of a few thousand Bitcoins can circulate a hundred times a year and move many billions of value out of a country. It's also far harder to detect than a mining facility.
The Chinese economy is $11 trillion. I don't think Bitcoin mining really shows up on their radar.
Now, Bitcoin trading... that can make a dent. A single block of a few thousand Bitcoins can circulate a hundred times a year and move many billions of value out of a country. It's also far harder to detect than a mining facility.