Let's say tomorrow there's a US law that any US person who gets caught with bitcoin server goes automatically to jail for lifetime.
And the 2400 US bitcoin nodes would go offline.
What would happen to price?
What would happen to hash power?
How long would it take to recover?
Let's speculate!
There will be another country as strong as the US that's gonna take over, maybe Japan or Canada, one's country's loss is another country's gain, we will see dump but knowing the Americans they will always find a way to get involved with cryptocurrency, but this thing is unlikely to happen.