I dont know why but iam scared of bitcoin getting ban.
Because of the china situation is there any possibility that bitcoin will get ban in every single country
Noobs need to understand that
Bitcoin can not be banned.Only exchanges can be banned and that's not the same.Giving us the power of decentralization is the best thing about bitcoin.Once you own bitcoin(provided you also own the keys) you are in complete control no matter your goverment bans it.You can sell it even then to someone as the demand for bitcoin will increase in future
This is certainly not the same
But for most people it is still six of one and half a dozen of the other. If we are to remain honest, people are engaged with Bitcoin mostly for profits, but shutting down the majority of exchanges will definitely bring the prices down. Due to that, Bitcoin will quickly lose all of its "sex-appeal" for speculators and profiteers. In fact, the authorities are doing the right thing when they are attacking the exchanges (if they really want to hurt or destroy Bitcoin). I would certainly do just that if hurting Bitcoin was my goal