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 am lucky that My country does not Banned Bitcoin , and still seeing for the long future that this will never be banned.
but even if , lets consider that one day at any chance one President stand against bitcoin (Like what Donald trump stands in hsi administration though this not lead to banning Bitcoin in US) For sure i will still Hold my bitcoin to be given for my children that I'm sure one day they will make a big profit and use from it.
There are numerous countries that has banning bitcoin law yet their people is still having theirs until now.
so basically the banning will only be a problem if the people itself don't trust the coin and don't trust its future.
I will never make that same stance because i know and already saw how far this can come and how long this can stand.