quite the opposite. Read the post  

Just to clarify in case the sarcasm didn't come through clearly enough.

I think resistance to cryptos by governments is futile. The more they try to ban it the more resilient and desirable cryptos will become and eventually governments will have to cave in and accept cryptos are here to stay.

That day, when China says 'cryptos are OK' we will see the value rocketing like we cannot imagine now.

This is why the FUD being spread around makes me smile.

Yeah i know. You made a sarcasm post.  
Do you know what is the exact reason why they want to ban bitcoin?
Cause i dont know what are they thinking, they have so many population.

I think they governments are unsure how manage cryptos. It takes so much control away from them that they are terrified, therefore their first reaction is trying to stop it. Exactly what you would expect.

This 'fight it' phase of the adoption cycle may last a couple of years but in the meantime technology will move forward, new business models will be build upon the technology and the momentum behind cryptocurrencies and the blockchain technology will be enormous.

In the short term FUD can make values swing wildly. In the long term there is no way they can stop it because of the power of the idea and the decentralized nature of the blockchain.


On a lighter note... @emuLOAD you'd be amazed how many houses have been bought with bags of cocaine lol