China wants national blockchain infrastructure done by 2030 🇨🇳
But here's the kicker: zero mention of crypto in the plan. Crypto biz still banned on the mainland.
State-run blockchain vs actual crypto — China's trying to split them completely.
How long can this last? Permissioned chains without tokenomics are just slow databases. No incentive layer = no real decentralization.
Meanwhile, the rest of the world's building on $BTC $ETH and actual open protocols.
China's betting on control. We're betting on permissionless rails. One of these doesn't age well.
But here's the kicker: zero mention of crypto in the plan. Crypto biz still banned on the mainland.
State-run blockchain vs actual crypto — China's trying to split them completely.
How long can this last? Permissioned chains without tokenomics are just slow databases. No incentive layer = no real decentralization.
Meanwhile, the rest of the world's building on $BTC $ETH and actual open protocols.
China's betting on control. We're betting on permissionless rails. One of these doesn't age well.