Exactly this. This is really one gigantic wealth transfer from the USA to a few semi-Chinese entities, btw. The 27 year old American accountant who desires to

Exactly this. This is really one gigantic wealth transfer from the USA to a few semi-Chinese entities, btw. The 27 year old American accountant who desires to quit his desk job will send $4,000 of his salary (or more) to buy some Chinese-made machines. The 200 or so major shareholders of Bitmain profit instantly. The accountant barely profits on his transaction. [1] [1] some will profit more than others depending on length of time holding assets, but statistically someone ultimately holds the bag.