Why would they do anything detrimental to Bitcoin? It would hurt them more than anyone financially.
i strongly and secondly agree with you..
this is it. if bitcoin is their source of income why would they destroy it?
I think op has a point here. If majority of bitcoin is controlled under one roof (country), the purpose of a decentralized currency will be lost because it will become a centralized currency. If all chinese miners decided to act as one, they can easily control the price of bitcoin through organized dump and pump. Users trust to bitcoin will be lost in the process.