I am very encouraged and glad that a power like China is strongly supporting the development of blockchain technology. It is also a very good sign representing the generation of civilization 5.0. But using this blockchain technology is not an easy one either. In some Southeast Asian countries are also trying to apply this blockchain technology but it is quite difficult because the majority are poor people and they have difficulty in applying blockchain technology.
What does this have to do with people and governments like China? We do not consider the possibility of a single person and the whole country.Blockchain as a technology can be applied in many areas, regardless of the status of people.The only question is whether countries are ready to accept blockchain?Read a very interesting article and most likely You will understand that not every country is ready to fully accept blockchain:
https://medium.com/readwrite/is-crypto-the-missing-ingredient-for-universal-basic-income-ab7f0f6e0111