"They don't need to yet because the cryptos aren't big enough" Your logic doesn't hold. ICOs are much smaller than cryptos. They banned the former, not the lat

"They don't need to yet because the cryptos aren't big enough" Your logic doesn't hold. ICOs are much smaller than cryptos. They banned the former, not the later. "Chinese miners might, but the PnB certainly doesn't." I take it you meant PBOC, not PNB. Well once again, a crypto outsider comes to tell us "governments will ban cryptos!" I have been hearing this critic for 7 years... But as I said, as we have seen over the last few years, the general attitude of governments toward cryptos has been the opposite: they have encouraged their development, they have let the exchanges operate, they have created regulation to bring some clarity in the market, etc. It is actually almost surprising to see the amount of positive attitude coming from specifically the USA, China, and Russia, to name a few. Even the former PBoc governor has explicitely stated he did NOT want to "kill" Bitcoin: https://themerkle.com/former-pboc-governor-we-need-to-regulate-bitcoin-rather-than-kill-it/ https://themerkle.com/former-pboc-governor-we-need-to-regula...