Even if it's like that, it's not a guarantee that they will ban it forever.
We may even know how many times there have been some regulatory changes to legalizing or illegalizing bitcoins in recent years.
As for those who have bigger economic conditions I think as long as they have the thought of buying bitcoins at cheap prices why not because regardless of what I use your words even though in China it has been banned but there are still a handful of people who are still in Crypto and it is possible that there will be several people with high ranks not because we also don't know what is there as a whole because information about China is sometimes always limited.
I believe all governments will not be able to ban bitcoin forever, including China. Simply because of taxes, with the rapid growth of bitcoin, it is almost certain that bitcoin will grow bigger and bigger, and if they still want to continue to ban it, it will only take more effort, time, and money. Meanwhile, they can legalize and regulate it so they can earn a huge tax. Whether bitcoin is good or bad in the eyes of the government, it is less important than the tax they will collect from it.
I thought so too but indeed for now it seems a bit inconvenient because when there is fud it is clear that China has always been the country most often in my opinion making some things that can actually have an impact regardless of anything.
But on the other hand see some discussion about china like the thread
Bitcoin & China time to time waving History the high cost of electricity for the miners and discouraging new firms in this field are unsatisfying. China always manipulated and triggered some policies on Bitcoin during the bull run. China was 50%+ Mining Hub of the Bitcoin network but due to time-to-time, changes in policies currently china is contributing 22% to the Bitcoin network.
With such a high mining rate for them I think china is still a bit wary of the electricity supply they are spending even though it's clear the taxes are going to be something profitable and I think even if they re-legalize bitcoin in the end their manipulation will still be the same as year after year previously.