In Bitcoin-based transactions, about 76 billion US dollars of transactions are involved in illegal activities each year, accounting for about 46% of the total Bitcoin transactions. Almost a quarter of bitcoin users, and nearly half of bitcoin transactions, are illegal. Therefore, from a quantitative point of view, the use of Bitcoin is enough to become the target of attention of governments and international criminal police. If governments block Bitcoin, does Bitcoin have no value?
only bitcoins? but before bitcoins there are paypal and others and they are also invovled in massive frauds but did the governments block them , no but all of them still exist until now .
sadly many governments in many countries still blocked btc and it does have a negative effect to the btc price , peice fell down .
btc will only habe no value when all country or government do the same