What would happen to Bitcoin’s value if all countries banned crypto exchanges together ? Can it survive such an action ?
if every country banned crypto exchanges at the same time.. bitcoins value would probably fall sharply in the short term because most people use exchanges as the easiest way to buy & sell... without them liquidity would dry up and panic selling could happen
but banning exchanges doesn’t mean bitcoin itself dies.. the network is global and runs on thousands of computers that can’t just be turned off... people could still trade p2p use dex or even swap bitcoin for goods & services directly.. it would be harder and less convenient even maybe more expensive but not impossible
so the price would likely suffer badly at first but the idea of bitcoin (money outside government control) might become even more attractive to some people under those bans in the long run.. survival is possible but only with a smaller and more determined community using it in creative ways