Chinas government is starting an all-out war against bitcoin and other digital currencies by banning fundraising through initial coin offerings and shutting down all mainland digital currency exchanges?
short and simple:
chinas central bankers will take the role of protecting the supply of motivated and rewarded labor for the countries economic structures, to ensure social order and peace
that is why they have to be in a conflict with cryptoeconomics,
Additionally chinas current corporate elite, will push them towards that direction, for personal and altruistic reasons
now give me your merits
regards
Scorpio