Saturday, August 7, 2021

A realistic look at Government bans

Sorry is this is a silly doubt. I know that governments can't ban Crypto. Just like they can't ban the Internet. But wouldn't any moves by government(s) to do the same cause people to lose confidence in Bitcoin, therefore causing the price to free fall? In the event this happens, doesn't this lead to a capital loss for the vast majority of investors? I mean, apart from the hardcore maximalists, most of us are in this hoping to preserve and increase our capital. So.. In a realistic sense, isn't a government ban going to be detrimental to investors?


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