Thread by @DoveyWan

Just as product market fit, there is governance people fit.

Many CCP 3D chess play can seem “stupid” in a west framework but very effective in China’s sociological set up

Plus Bitcoin mining is a tiny whatsoever “advantage” comparing with many other stuff CCP is grabbing hard

https://twitter.com/m2jr/status/1406747904207835136

Effectiveness as in “improving Lu omg standard for the majority 1.4b mainland Chinese, and closing the gap between the ever growing demand for social equality and solving conflicts of unbalanced development among diff regions”

China is a crepe cake 🍰 not like US is a pizzas 🍕

CCP’s role is NOT servant to its people, but the head of the family

So lifting up majority out of poverty and keep a unity is always the top priority, which can undermine a certain progressive group’s interest

君君臣臣父父子子 philosophy is rooted so hard in most Chinese’s DNA

The governance/people fit result in a mighty central gov, highly efficient in social resource mobility and allocation, superb in war time/crisis/brute force development

but down side are lack of originality/innovation, homogeneity in human capital, lack of tolerance in diversity

By looking at the result, the Chinese operating system has been doing really well for past 30 years

Like it or not, economically wise it will continue its advantages for this decade/coming decade imo: more flexibility in monetary policies, de-dollarization, massive domestic mkt