if pboc want to...
[snip]
They will keep throwing their money away till they have none left.
You do realise that the PBOC prints electronic fiat at zero cost?
You do realize that the main fiat currency btc is exchanged for is usd?
By your logic China can just print 20b usd equivalent in yuan and just buy every bitcoin. Not gonna bother explaining why that wouldn't work.
Sorry mate the sky isn't falling.