These days, a lot of countries are actually being more accepting of bitcoin than they ever were before. I feel that it’s more likely for a country to accept bitcoin now than to ban them. But hypothetically your country bans bitcoin, will you still use bitcoin?
It would heavily depend upon the implementation and execution of that law in my country on how stringent they would be. Additionally, if the penalty of such act composes of only civil liability (only monetary compensation and damages), then I would most likely still use BTC for my investments.
I asked this question to myself then realized that using bitcoin even without the approval of the government is exactly what bitcoin is for. I will only be realizing bitcoin’s full potential, am I not? Ths is what bitcoin’s true purpose is. Should you be scared to use bitcoin to its fullest extent?
The goal of BTC is not to remove any form of government control over its citizens- but more of the freedom of payment in our day-to-day transactions. Satoshi envisioned BTC to be the currency used in order to prevent the usage of any payment intermediaries in taking part in our financial affairs.
If someone kept using bitcoin despite a ban, will he be considered brave? Or will he be considered suicidal? Especially if the government imposes strict bans that could lead you to being jailed simply for using bitcoin.
If the government is strict with the execution of their law regarding the total ban of both the usage and ownership of BTC, then we have no choice but to comply. With rules follow penalties that can be both civil and criminal.