Re: The People's Republic of China has successfully pumped and dumped Bitcoin
I don't shy away from conspiracy like theories since Snowden. Anyways, in a troubled country like China with many poor, kept ignorant, and bathed in pollution, a way to lift money without a connection to government may be desirable.
The reality of the world is that it is a complex place, and things happen for complex reasons. Any attempt to put phenomena into a nutshell, be it an 'official version of events' or a 'conspiracy theory' is going to have shortfalls.
However, anyone with any kind of political noose can recognise that there are 'tendencies' in the world and often a simplified hypothesis can be useful in allowing the mind to get a handle on such a 'tendency'.
I found your opening post to offer a useful hypothesis.
If this was shady businessmen pumping and dumping a penny stock, the fraud squad would be on the case.
You are definitely right. I'm being too aggressive, things are probably more complicated, and the Chinese gov is probably not exactly what I make it out to be. My main goal is to provoke thought
