China Wants to Control the Cloud

China Wants to Control the Cloud
A visitor tries out a tablet computer next to a cloud computing and technology symbol at the Deutsche Telekom stand at the 2013 CeBIT technology trade fair in Hanover, Germany, on March 5, 2013. Sean Gallup/Getty Images
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Commentary
The Chinese Communist Party (CCP) is no fan of cryptocurrency, especially Bitcoin. Not surprisingly, the elites in Beijing aren’t keen on NFTs either. It makes sense. Both are highly speculative assets. However, when it comes to blockchain, the underlying technology powering Bitcoin and NFTs, the CCP appears to be very interested. In this piece, you'll see why.
John Mac Ghlionn
John Mac Ghlionn
Author
John Mac Ghlionn is a researcher and essayist. He covers psychology and social relations, and has a keen interest in social dysfunction and media manipulation. His work has been published by the New York Post, The Sydney Morning Herald, Newsweek, National Review, and The Spectator US, among others.
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