There's an easier way to destroy the value of Bitcoin (temporarily) if China wanted to : pass a law banning mining. I don't think China would risk trying to ca

There's an easier way to destroy the value of Bitcoin (temporarily) if China wanted to : pass a law banning mining. I don't think China would risk trying to carry out a 51% attack though, what would the economic fallout of that be long term? Would any country or individual trust China after such a public attack? Worth noting that a lot of US based companies are built around Bitcoin (exchanges, payment processors etc) and the US government won't sit around watching billions of dollars being destroyed. Compared to the US, China is not known for being an aggressor in matters beyond it's borders so this behaviour would be pretty shocking to the rest of the world and will affect the perception of the country. The cons outweigh whatever little benefit destroying Bitcoin would bring, so that's not going to happen.