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?
I don't think they will give up on bitcoin, as it is digital gold as Co-Founder Steve Wozniak(Apple) said. I don't think they're going to give up any, even they can accept a long term hold until the ban is lifted - Given the current conditions, it's only temporary, even your ban China.