They don't need to ban it directly to outlaw it. What if fiat money made off of selling cryptocurrencies were declared illegal? Even if you had billions of bitcoins, they would be worthless because you wouldn't be able to cash out legally.
Youve got it there,it wasn't just because of Internet we will be capacities on doing what ever we want even the government is against this one.remember theres no impossible for the law to do.because they are the boss in every country they are handling.effectively banning bitcoin will be impossible but though when bitcoin is outlawed in a given country only a few set of people will be effectively use bitcoin.
when in a country where bitcoin is ban my thought will be. why use my hard earned fiat money to buy bitcoin which i won't be able use
when in a country where bitcoin is ban my thought will be. why use my hard earned fiat money to buy bitcoin which i won't be able use
Thats it mate,thats why in the end still the government who has a final say on this argument and we will only follow them