I understand that they would want to reel in the fun and take control over the nation, after all why allow anyone to be as free as crypto makes them to be and be in a decentralized world when you want to rule with an iron fist. However, I do not understand why they are not interested in it as government.

I mean yeah do not let your people do be free if you are a dictator, but wouldn't it be easy to start a 10 billion dollar bitcoin mining farm? They have the money for it, they have the machines for it, they can even create their own machines, they have the energy source for it, basically they could do 51% attack on bitcoin itself, they are THAT big, so it makes no sense to me that CCP itself would be against it.