Let's not all freak out just yet. People will find ways around this, including the VPNs and TOR. If those are blocked, I'm sure a lot of bitcoin users will simply move if they have to and still value bitcoin. I'm not entirely sure why China is cracking down on bitcoin so hard- anyone?
When I think about it, I am not so sure if it would be so easy for the people to move.
China wants to keep the money in China. I doupt they will let their citizens leave on a larger scale and let them take their money/bitcoins with them.
The government there has blocked the transactions between the lokal currency and the crypto currencies. In case the people would want to leave, I think they woud get blocked as well.
Regarding the VPNs: China will ban them in 2018. I have already read articles about that.
You very naive hey. You should know better you have been here long enough. Dude lol how can you block a vpn ? Please explain how you going to ban a vpn ? They will simply spoof their location so it looks like they still on China but they not. People are clever dude. The more you push people the more they want to succeed. You read articles ? So what ? Anyone can write an article. Big deal.
Then you claim you cannot exchange to fiat or leave the country ? Really ? Lol ok dude. So you can't pay someone from another country to fetch you ? They will cash the btc out in their country. The power of Decentralization. If he mist he can even send the private key to a trusted outside source. Or simply exchange for cash in hand. People get drugs and even larger illigal things in and out of china all the time do you really think fwtronf bitcoin out is a problem ? You can have your wallet on your phone and go on "holiday* and never return.