It probably makes it a lot easier for people with ridiculous amounts of money and strong capital controls to transfer assets abroad. Like, the Chinese governme

It probably makes it a lot easier for people with ridiculous amounts of money and strong capital controls to transfer assets abroad. Like, the Chinese government cracked down hard on Bitcoin, and while the energy stuff was definitely a factor, I'd be really surprised if cracking down on ways to to take money out of the Chinese economy wasn't also a factor.