YES!  This.

It is GREAT news.  As is the hash rate plummet.  For the same reasons.  The fact is mining is moving to countries that are more free (still/  hopefully? lol) than China.

I know we have leftists amongst us as well as the libertarians and crypto anarchists.  But governments in the socialist_>communist part of the political spectrum are NOT going to like Bitcoin.  Ever.  Because it takes control away from the state.

The distaste for Bitcoin from the government in the US is different.  There is the portion of governing folks who disapprove of it for the same reasons as China, of course, but there is also the hegemony of being top dog world currency wise.  I am not convinced that the FREEDOM of Bitcoin will be something western governments will like either, but at least it stands a chance here.

I really really look forward to seeing those miners come back online in North America, Central America, Kazakhstan, and other places.

The sides are forming... for the most Epic fight in the history of the world.  It is super unclear now, but BOY are we in for a ride..

Whew.