Sorry for the naïve question, but I'm just really curious. What would happen to Bitcoin price if, for example, Trump declared all cryptocurrencies forbidden?
Can Bitcoin survive because of decentralization or some other underlying tech concepts, or will it simply drop down into oblivion if the government decides to fight it for real?
If it is logical to think, banning cryptocurrency officially, naturally, the demand for them will fall on a considerable scale. In China, it already seemed like that. I think 90% of users in the country will withdraw their assets.