Permit me to clarify.
Governments may declare Bitcoin and crypto to be unlawful, however that would not imply they may implement it. That’s the case with different issues, not simply cryptocurrency. So, there’s a distinction between declaration and enforcement. Everyone knows that simply because one thing is asserted unlawful, that doesn’t imply it may be enforced. For those who actually thought in any other case, you would need to suppose governments are omnipotent.
Nevertheless, governments may actually injury Bitcoin. By banning it, they’d severely weaken Bitcoin, regardless that Bitcoin would nonetheless survive. They couldn’t implement it fully, however perfection is just not the related commonplace. What’s related is whether or not governments may damage Bitcoin, and the reply is clearly ‘sure’. Therefore, we’ve one other distinction: the excellence between weakening vs. complete elimination.
In my view, the extra seemingly state of affairs, nonetheless, is that governments would tax Bitcoin extra. That is our remaining distinction: ban vs. taxation. Whether or not you money out or use Coinbase, the U.S. Authorities will find out about your crypto and they’ll demand their lower. They already do, so this isn’t science fiction. The alternative conclusion is what is just not solely science fiction, however it’s wishful considering and a libertarian fantasy.