How can China take over bitcoin, just take it that bitcoin is not a centralized currency, it is decentralized. Although, China has the high bitcoin miners but that does not mean they will take over bitcoin, it is not possible. People will only want to say what may not happen or what can possibly happen in the future, but as for bitcoin, no country can take over bitcoin, it is decentralized and open source and getting adoption from all over the world

I don't think that China has 90% of the hash rate though, and I doubt that they are or at least Chinese miner are going to collude to take over bitcoin because it will cost millions if not billions or dollars just to do that. And there are no incentives for them, on the contrary, they will just destroy the business that they have established in the beginning.

I"m not sure that I understand what you mean by"takeover" Bitcoin and how that could be possible. By government, by miners?
I don't think that any of such scenarios is even possible and I don't know why so many are focused on China like enemy number one of Bitcoin or some country that wants to be Bitcoin superpower. I don't think that any of these hypothesis are true.

Hmm bitcoin has the biggest hashing power. Hmm if only there was a smaller coin that was already hit with 51% attack. That could answer your question...

F.e. the majority of shitcoins? One of the biggest 51% attacks that was done recently was ETC (what was ETC's third time). What happens? Nothing. You do a fork, you isolate "infected blocks", implement update to node (if possible) and carry on.
https://www.coindesk.com/ethereum-classic-blockchain-subject-to-yet-another-51-attack

They cannot take over Bitcoins , what they can do is : Compromise the security of Bitcoin network by taking over the mining farms and decreasing the hash rate.

There is nothing like taking over the Bitcoins.

What they can do is make the network non functional for a while, when that happens all the transactions will become easily hackable. You should understand that when this would happen all the mining firms with a bigger share would inturn increase their capacities and take over the decreased hash rate eventually.

- if china wok take over others will see that as an opportunity and work against them, this would inturn save the network but would take 2-3 days

While impossible to do, the Chinese government has little or no interest in bitcoin.  They are finishing testing their digital yuan, creating a legal basis for its circulation, and most likely will take measures to protect it.
 It is impossible to seize the bitcoins that are mined on the territory of China by the government.  In addition, the Chinese government demonstrates to the whole world that it solves problems in a civilized manner and therefore such gangster methods are excluded in this case.

Yep,the costs will be more than the benefits and the Bitcoin Core community can simply make a hardfork split Bitcoin Core,leaving the Chinese government with a pseudo-Bitcoin altcoin,similar to BCH or BSV.
The Chinese miners can be replaced by miners from other countries and the Bitcoin Core blockchain will continue to work.A decentralized system is a like a hydra.You can chop several heads,but all the other heads remain and even new heads will grow to replace the chopped heads.

Those are the pool's hashrates, not the hashrate that is actually located in the country.
Do you honestly think the Czech Republic has more mining gear that the Rest of the world - China combined?


Billions for what?
They can just seize mining equipment from all the miners in the country, seize Bitmain and Cannan, and simply use their facilities to produce gear at 1/4 of the cost you as a private miner in the US and EU have to pay for it.
And billions, what are billions for China if they see this as a threat? They offered trillions till now in bribes and so-called loans, what would be 2,5 billions worth of mining gear if indeed they see BTC as something that might undermine their position?


Satoshi was talking about a hacker, a single person looking for profit, here we're talking about a country that would have no other purpose than to eliminate decentralized cryptos.

Fortunately, their dominance is crumbling away and if they ever plan on doing this (which would be perceived by other countries as economical war) it might be too late.

I don't think is possible for China to take over bitcoin, and is not possible for a country to control or take bitcoin as their own, I think what china wants to do is to adventure into btc fully some so what ever purchasing or importation of good and service via their country to be transacting with cryptocurrency especially bitcoin, because bitcoin can't be controlled by a country, and I think is not the objective of satoshi to think of invention of bitcoin.