Cryptocurrencies will disrupt the entire market, this is no surprise. But China is one of the most growing ones, I hope they will take the chance and be leading in cryptocurrencies. Do you see also advantages for China to do so?
Yes, it is inevitable for China and other large markets to take advantage and prosper from the blockchain revolution. Despite the current lull in cryptocurrency markets, not much has changed regarding blockchain progress in the way of integration and adoption.
In fact, it is not easy to find retailers that have stopped taking cryptocurrency as a payment method. I couldn't find any when I searched "online retailers that have stopped accepting cryptocurrency" in Google. Why would they? A sale is a sale even if they immediately liquidate the digital asset for cash.
Asides from China, another thing to consider is other markets that are even more traditional and conservative than Chinese markets. Look at the wealth of South America. Brazil is a huge and largely untapped potential to grow cryptocurrency markets.