If China wanted to destroy bitcoin I think they could do it. Yes, they have that much juice.
One Chinese I know fairly well is vehemently and viscerally opposed to Bitcoin on principle and steadfastly refuses to learn or understand anything about it. I have to hypothesis that whatever factors effect her perception are at play with a healthy percentage of the rest of the population.
There is this black guy I know who is quite violent. I have to hypothesize that whatever factors affect his perception are at play with a healthy percentage of the race.
Asshats. Shameless libertarian asshats.
At least he didn't generalize the whole human race and claim to know how to care for everyone. There's no bigotry greater than that.