Some countries now ban the use of Bitcoin, or banks restrict cryptocurrency transactions, resulting in an increase in the number of long-term Bitcoin holders.
For example, in China, China prohibits the use of Bitcoin. If I were Chinese, I might be more anxious. Some ways can be found to avoid being caught by the Chinese government. I will consider putting it in a cold wallet. In this case, you can only choose to hold for a long time. After all, there is no exchange to trade,
So will anyone give up Bitcoin?
This isn't a general question mate, instead this is answerable by those people who lives on the region affected by Banning , because we will only speculate
about their answers since our countries has no Banning rules.
But given the example of China , in which the Chinese is the most controversial in effect of this rules, i think they are still Holding and no plans of giving up.
after years of being in questioned , yet their Crypto community stays strong and until now kicking the market.
Though Miners are the most affected i believe.