This may be right to an extent but also be reminded that many countries have shown displeasure in allowing their commercial banks operate in cryptocurrency transaction by placing a ban and we have it same in the opposite whereby some countries put regulation policies and tax in place for the successful run of bitcoin activities, i have two examples to give, In Nigeria and Thailand their government ban the commercial banks from performing any cryptocurrency related transaction while in UAE Dubai, their government provides a suitable regulation to convey the progress of bitcoin in their country.


People can't exchange bitcoin using the fiat banks and that's not applicable to all countries, some countries permit that and there's a solution to that already, which is P2P. So if your country places embargo on cryptocurrency exchange using the commercial banks just simply make use of P2P