From my article mentioned above -"In terms of arguments against the long-term price appreciation of the Bitcoin price, one of the most commonly held beliefs is that something better will eventually come along and replace the world’s first major cryptocurrency. A more specific version of this argument comes in the form of Bitcoin eventually being overtaken by a new digital currency owned and operated by a government or corporation.
However, this theory is based on a complete misunderstanding of why Bitcoin is useful in the first place. In reality, central bank-issued digital currencies, such as the project being worked on in China, would only further solidify Bitcoin’s role as an uncontrolled, apolitical form of money in a digital age."
The whole point of Bitcoin - is that it is not government or bank or corporation (facebook) controlled . For sure it will be controlled via the stockmarket , and the bitcoin whales . China would be worried. As it is , they have a reputation in the west , for marking down their currency to suit their purposes . Both China and Trump seem to be against Bitcoin - loss of control for them.
