The views of Chinese cryptocurrency enthusiasts on compliance and policy can largely be regarded as nonsense.
In a somewhat chaotic emerging industry, the type of regulatory policy that is welcomed in a particular country completely depends on the "communication situation" between industry leaders and the country's regulatory authorities.
The domestic situation is a complete failure case. The fantasies of the Chinese cryptocurrency community abroad regarding policy regulation should not be taken seriously; the root cause lies with you all.
There are many industries more chaotic than the cryptocurrency space, and we haven't seen each of them being completely wiped out.
High-interest internet loans have been curtailed a bit, yet they are still thriving domestically.
The cosmetic medical industry, second only to the chaos of "prostitution," is also doing quite well.