So the lesson should be that sitting on your ass while others do something will leave you with less economic power. That is why China is the center of gravity in bitcoin. Not because they did something to you, but because they did something. Something you could have done but didn't.
The Chinese miners only dominate because they get free electricity through deals with their govt. That isn't about the west "sitting on their ass", but about an uneven playing field due to hidden subsidies.