I live in a country where use of Bitcoin and crypto is still illegal. Their is option to convert crypto through binance p2p trading but it's risky because if law enforcement agencies caught you doing this, you will end up in jail. This ban also provide an advantage that since we can't spend our Bitcoins, we accumulate and hold them for long term. I do convert some of Bitcoins by doing a p2p transaction with my friend without leaving any footprint of this transaction, I send Bitcoin to my friend and receive fiat money in cash only.

凉兮的微博，每天都有分析，讲的很棒

https://weibo.com/u/2660390450

Some dude asked me if Bitcoin could eliminate local banks, I thought of it,
I told him that no
From my own point of view, banks have alot to give more than just money transfers, they offer loans and mortgage, business banking services, costumer service and dispute resolution. So this banks are really doing a good job and I don't think they can be eliminated soon. Bitcoin is not widely used for dally payments yet, so volatile prices makes it difficult to use as a stable currency
I hope I made a good point there