Government threatening to ban bitcoin is just a waste of time as it have no effect on their citizens and the market at large. Bitcoin is about p2p so why waste your time threatening ban. Will the government be there to monitor her citizens all the time when or to know if they are extablishing transaction amongst themselves. For all I care is that the government threats are just empty drums that makes the loudest noise. If they can let them find Satoshi Nakamoto.

to expand on the peer-to-peer exchanging using de-fi and bank transfers

(this is not about illegal scenario by government this is a warning to those in current legal currency setting.. )
even now governments see bitcoin as a legal currency and as such that means banks see transferring crypto as a service for a fee/commission, as a financial service/money business..
if people are abusing their personal bank accounts to do multiple wire transfers to strangers(of any value) a bank can flag that as operating a business or suspicion of money laundering and request answers or just freeze all services(no more wire transfers) where the bank account holder has to withdraw their cash/ask for a bankers cashiers cheque, close their account and seek an account elsewhere..
or
confess/admit they were operating as a service, draw up a business plan, get a business account and get licenced as a money service business to continue operating

yep even when bitcoin is a legal currency be careful doing decentralised exchanging using a unlicensed personal bank account too often

many times you will also find your 'customers' doing transfers with you, will then scam you by saying their account was hacked and money was falsely used to buy coin, and they want their money back. which then puts a flag on your account. where you then have to start doing due diligence to prove you are handling customers correctly by doing KYC on them to get photo Id proof of who was transacting with you.

currently lack of trade/volume on DEX/defi has not shown major instances of the above. but the more populate traders get, the more it will happen

Too many governments already tried it and failed. Bitcoin use can't be banned. They can ban some sort of things though. For example in Türkiye government ban Bitcoin use to buy/sell goods. But they don't touch any Bitcoin exchanges or trades. I don't know what did they gain with this but they did it anyway. Also governments get too much tax money by Bitcoin trades so it's not a wise idea for them to ban.
Governments that try to adopt Bitcoin instead of straight banning it will come forward and in the long run these countries will have big leverage over others. You can't stop technology growth.

In this case, what will happen towards this case is a restrictions of cryptocurrency,and it's very difficult before all the countries will come together to work for banning of cryptocurrency and mostly Bitcoin, so i believe that government have the power to ban Bitcoin if they wishes to ban it worldwide, but one or four countries can not stand to ban Bitcoin and it work out, the only thing that can happen in that country is to restrict or regulates the usage of Bitcoin.

Indian TV channels broadcast commercials for bitcoin wallets and other crypto related ads. I don't think the Indian government has banned bitcoin yet. 


They won't be able to ban bitcoin. Put the Indian government aside, even it won't be controlled by the US government.

Bitcoin users will always find a way to use bitcoin, even if the government bans it.   


Even if some governments want to adopt bitcoin, their central bank will pressure the government not to adopt it. Bank is the main culprit here for bitcoin adoption.

The thing is that government have not come together and have a deliberation concerning baning of Bitcoin, banning of Bitcoin always be agitations of one particular country, so therefore i believe that cryptocurrency and especially bitcoin is something that i believe that since government doesn't have documents of Bitcoin they fine it difficult to ban Bitcoin, but no one supercedes the authority of government from my perspective.

bitcoin 2009-2014 was undefined legally so treated as private property (like trading cards or auctioned art) thus regulators had no remit/jurisdiction

as soon as it was defined as currency it allowed regulators to the licence businesses wanting to "swap" currencies to be treated as money service businesses

now they dont want to see crypto as currency, but instead a commodity (elemental/raw product used to create other products) basically mainnet used to lock value for underlying subnetworks of iou/pegged tokens

which is a different set of regulators
now its being deemed as a crypto asset instead of a cryptocurrency (government deciding to change terminology) other regulators can jump in.
as a currency for instance only the SEC could regulate us businesses using crypto..
as a commodity the CFTC can get involved and control trade quota's classify investor types, set circuit breaks on trade volitility.. and it also means the EPA can then mandate miners get a licence to be more ecological/efficient or be banned

but with all that said
there is movement in the BIS(banks of international settlement) are proposing to let central banks hoard crypto assets of upto 2% of banks combined collateral reserves in 2025.
sec and cftc are trying to classify crypto to allow commercial banks access to hoard crypto

so although there are some worse case scenarios that have happened and could happen. there is also some positives that could occur too

Legal to trade does not mean legal to use as currency. Maybe that's the point. As I know India has taxed crypto so far, they are getting benefit but crypto is not legal tender.

In other countries such as Nigeria, crypto also appears to be illegal as currency but some users are brave enough to adopt it as a means of payment. Even if crypto isn't legal then it's hard to expect it to be banned completely by the government because it's definitely a hot ball for them. Governments can control crypto users with their rules, but not with networks like bitcoin. So it must be hard to get a deal on banning crypto globally.

This is a wrong conception that cryptocurrency is illegal in Nigerian, make your research very well, nobody ban cryptocurrency in Nigeria it was a false information that Bitcoin is been ban in Nigeria, the vice president said cryptocurrency can be regulated but not ban in Nigeria, so therefore bitcoin is not ban rather it's been allowed to operate but not really a legal tender in the country of Nigerian.

Right. The way Bitcoin has spread around the world, it is not possible for any country's government to destroy Bitcoin. Even if the government of all countries is united, it is possible to ban but not to destroy it. And if it was possible for the government to stop it, it would have stopped it by now. Bitcoin in particular is a decentralized currency and blockchain system. And in order to stop this Bitcoin, Internet technology and electric power must disappear from the chest of the world, only then the governments of different countries can be successful in stopping Bitcoin. And this system will never be possible and Bitcoin will never be destroyed.