Chinese miners have accumulated so much BTC over so many years. Around 70% of block rewards since ASICs arrived until 2021. They now own the vast majority of the 21m. Some has been used to exit the country but Chinese people are overall loyal and proud of their kin, country and the CCP.
As geopolitics get more chaotic, the CCP are just waiting for the west to abandon fiat for BTC. When we are the most exposed, they will start manipulating the BTC markets, tossing us around like midgets, throwing our economies that we thought were finally saved into the toilet.
I meant to put this into a short near-future novel but will never get around to it so enjoy.
Chinese long game