Many didnt pay attention to what Xi-jinping said and blindly bought BTC in bull run that started after his statement on blockchain, they are now cursing the crypto market.
Do you think a country like China which is a control freak btw, giving social scores to its citizens (they may not even give you a passport if you have low score) would adopt bitcoin which is a fuck you in the face to all governments? Keep dreaming. Bitcoin means freedom and the Chinese government is the complete opposite of that term.
China is a control freak country in term of its territory. You're right about bitcoin is a freedom and the centralized entities will always put it as an opponent to the absolute centralized system that created by the governments. China is the opposite party since when the bitcoin was created but, people are not even watched the full statements that already stated by XI in the past.
China is a control freak not just within its own territory but also outside its own territory. China wants to control other countries actually. They are currently bullying a lot of poorer countries so that they will be reduced into mere slaves in other words. China would say this and they will comply. China also showers them with projects that are actually a way for these poor countries to be indebted to it. There is no doubt that China is honestly an enemy to Bitcoin because Bitcoin means getting out of control.