China Planners Can’t Handle Bitcoin – Bitcoin Magazine This is an opinion editorial by Andrew Axelrod a Bitcoin educator and contributor to Bitcoin Magazine Much like the tragic figures of Greek mythology, China has a long and storied history of snatching defeat from the jaws of victory. Its ruling class, in particular, has always had an insatiable appetite for self-flagellation. Banning bitcoin is just the final chapter of this sad and destructive story. Blessed with an abundance of natural resources, a massive population and full access to the South and East China Sea along its 9,000-mile coastline, China was perfectly…