I would regard Hong Kong as a separate nation, although they don't have an army of their own (the defense is looked after by the People's Liberation Army Hong Kong Garrison). They have their own separate currency, flag and national anthem. The relation between China and Hong Kong is similar to the one between the United Kingdom and Australia. Elizabeth II (Queen of the United Kingdom) is the queen of Australia as well. But everyone regard Australia as a separate nation. The same can be said about Canada, New Zealand and more than a dozen Caribbean nations.
Please correct me if I am wrong.
no, this is now like one country - two systems.. in some ways Hong Kong is independent, but in other ways it is just a part of China.
so it is not near the same as UK and Australia. and I guess within short time China will include HK completely
but back to the topic )) I think in order to be clear crypto state, bitcoin image should avoided all that political or criminal activities..