Post
Topic
Board Bitcoin Discussion
Re: What would happen to Bitcoin’s value if all countries banned crypto exchanges ?
by
Bitcoin Smith
on 16/08/2025, 19:00:39 UTC
These centralised exchanges came into existence way after Bitcoin creation. In fact they are created to gain profit from popularity of growing Bitcoin business. If they cease to exist today, Bitcoin will continue it's normal operation as it was prior to creation of centralised exchnages.
Bitcoin gained it's value when people started trading it and even when we didn't had any actual trading platform people were doing it and then the exchange came and the growth went to next level

And it's not the exchanges that created the mandatory KYC requirements but the government when they realized that it's not a bubble and it's not going to pop as we expected so we need to find a way to control and censor it so they went after every centralized platforms. If we have no exchange the operation of bitcoin in terms of utility will almost stall because most people use bitcoin as investment not really as payment method but it will survive and will find the way.