Quote from: Stable090 on June 08, 2025, 07:43:44 PM

Quote from: Abiky on June 06, 2025, 08:15:21 PM

In countries where crypto is "banned" (illegal for mainstream use), do you think people will still use it?

The formal government didn’t just ban bitcoin directly in my country, but I will call what he did as a ban because he instructed the central bank of my country to lock all accounts that has history of crypto transactions, so he banned crypto indirectly, but the current government lifted the ban since their is a change in government.

When the central banks were locking accounts, people were so careful then, but even as people were not making transactions with bitcoin, lots of people were still accumulating coins then, even as it was done hidden, and when the central banks were locking accounts, bitcoin awareness was just increasing, and even people that don’t know about bitcoin before started knowing about it, and some people started doing more research about bitcoin, and they were investing.

Even if the government bans crypto, people will still be accumulating coins hidden, because they know the government is against bitcoin just for their own selfish interest, and there is nothing more.

The scenario is if all countries in the world oppose crypto then of course the price could be $0, because after all humans cannot be separated from finance, unfortunately that is impossible and on the contrary crypto especially Bitcoin becomes an alternative for a country from fiat currency saturation. We have seen it, countries that prohibit crypto are more obedient than any other country regarding finance, instead they form a paid group to make the crypto industry a nest for money laundering from the theft they do and funded by the country.