Quote from: Ryu_Ar1 on January 13, 2023, 04:49:29 PM

Quote from: Iranus on January 13, 2023, 04:43:16 PM

Even if they banned all centralized exchanges and declared it illegal, it would be difficult to ban it outright. But if that happens, the global acceptance of bitcoin or the expectation that bitcoin will become widespread will be gone, and the one who has the most difficulty is us, no one else. So let's not expect that to happen.

Although the government cannot completely ban bitcoin, we do not need to make a public statement against them. We will be even more disadvantaged when we deliberately go against them, they are still the strongest in this world.

Well, isn't it already in some countries that prohibit it but for now bitcoin still exists and I think this is only made to make it as fud and does not rule out countries that prohibit it only to weaken it in terms of price so when it goes down they can buy it pretty cheap and re-legalize it.
We already know several examples such as China which continues to try and even change regulations regarding legal and illegal several times but still things like that don't really have much effect on crypto lovers because developments on this matter are still ongoing and bigger.

China has completely banned bitcoin, but there are still many Chinese investors who are still active, there will be people who are against the ban even though they are not the majority.

Today, the market is recovering, and the total market cap has just reached 1 trillion, and the capitalization of bitcoin is over 300 billion. It can be said that this is too small a number for a national economy like China, bitcoin capitalization is smaller than 1 of their business, so there is no reason for them to bother finding a ban and legalizing it just to buy cheap prices. Bitcoin is not big enough to impact a large country economically.