>This is a common misconception, the Bitcoin network would not be harmed by governments seizing control of Bitcoin mining operations, there are many options in such of an event
You'll have to give us some sources for that I'm afraid, it's not at all obvious from my point of view.
Should China merely shutdown the miners the disruption shouldn't be too massive and only temporary while the difficulty adjusts to the new hash rate. But if they actually decide to use the miners "offensively" they could make a 51% attack and double spend bitcoins. Such an attack would greatly reduce confidence in bitcoin and would probably tank its value pretty hard. That sounds pretty harmful to me.
