[ferdo]

China likes Bitcoin because the USG doesn't. As long as that dynamic holds, Bitcoin is safe in China.

Unlike the US, a hundred million+ internet users in China are already accustomed to digital money through the use of the now defunct Q coin.

It makes no difference to me if Bitcoin stays fringe or goes mainstream. It's value will continue to increase as long as it finds uses all over the globe, with or without the blessing of the USG.