What do you think? Will people still use crypto in a country where it's prohibited to do so? Or will they be afraid?
China is a typical example, as we all know, the Chinese government has issued a strict ban on cryptocurrency related activities such as mining, trading...But according to some reports, Chinese people are defying the ban and are willing to circumvent the law to invest in cryptocurrencies.
What if all of the world's countries turn against crypto (which is very unlikely atm)? Will market prices go all the way to $0?
This scenario is really unlikely and I don't believe it will happen because there will always be a country that sees the benefits of cryptocurrency and they won't ban it no matter what other countries do. But if that happens, it will be a sad ending for the cryptocurrency industry in general and bitcoin in particular.