What "immutable laws of math and physics" is stopping the CCP from ordering some of its people to take over the hashrate of Bitcoin and thus take control of it? That's all it would take to annihilate Bitcoin and every block it stores.
Take a look at my statement. It demands an investment of billions of dollars. It's feasible, even without considering the expenses and any unforeseen costs that may arise post-attack. What I meant is, achieving this goal requires a certain amount of electricity; there's no way around it. A mere court order isn't sufficient to shut it down, unlike with Haypenny.
And we offer the government tracking of transactions from point A to point B, similar (and probably much more precisely) than what you'd get using chain analysis on Bitcoin. If the government wanted to track a transactions, there would be two end points we would supply them and then they would subpoena those endpoints and have their suspect.
Haypenny operates without requiring identification from its users, yet they can still be identified through a subpoena. Now that's confusing.