Great post Mike! You should create a topic with it in the OP, as it deserves more than to be buried here in the 7th page of this topic.
If Bitcoin was banned in a country then I think it's obvious its value would be close to zero.
Hum, are you sure about that? I'd like to know what happened to the market price of gold in US during the ban of the 30s...
If Bitcoin is aggressively banned
everywhere, then I'd agree with you. But if it's still allowed in a significant number of places, I don't think so.