Also in Africa (Nigeria) banned the use of cryptocurrency,
In addition to U.S.A, Nigeria also did not ban the use of cryptocurrency, but limited the flow of bitcoin related transactions through banks, which led to the rise of peer to peer transactions.
You cannot directly deposit Naira into an exchange from your bank or withdraw fiat from your bank.
If the government of any nations like let them banned or reject the use of Bitcoin, bitcoiners still remains strong as one community, one people, one mindset, we are not going to give up on bitcoin until every nations pulling out comes back to it and bitcoin will accepted legally and globally.
There would always be those who would hold bitcoin regardless of the legalities or regulation, but there would be a lot of people who would avoid using it if it is tagged to be illegal.
- Jay -