People here have claimed that Bitcoin is in fact controlled and ruled by China, as mining is centralized by Chinese mining institutions.
Do you think that China is controlling/ruling bitcoin yes or no?
I believe that china controlls the biggest bitcoin exchanges and also the biggest bitcoin mining industries. but i would disagree with the saying that china controls it. It plays a big part in the success of bitcoin but does not control it.
China controls the biggest bitcoin exchanges, I mean that's true. But that doesn't mean that they can manipulate the markets anytime as if that would have been possible, we might have seen such shaky situations occurring every now and then. There's a very thin line between manipulation and speculation, and we need to understand that bitcoins are controlled by everyone, not just China alone.