it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.
It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.
I'd definitely be glad. It is just frustrating that one government can have so much control over how a decentralized currency simply by virtue of having the most mines, etc. If they really intend to be out of the crypto scene and they'd go ahead with shutting down the exchanges, then good riddance. Heck, if they shut down the mines, they'd be losing a lot of money. That as well as the lost money from exchanges would not please their citizens. They've been simmering down there.