Agree if the US banned Bitcoin the USD price would drop - in the short-term. However, it is impossible for any government to kill Bitcoin by outlawing it. The b

Agree if the US banned Bitcoin the USD price would drop - in the short-term. However, it is impossible for any government to kill Bitcoin by outlawing it. The best they could hope for is to prevent their citizens from participating in the global Bitcoin network. When you consider it’s scarcity, security and censorship-resistance properties, it is clear why game theory suggests that so long as some governments have not banned Bitcoin - the value will migrate away from those countries towards countries that allow it. Similarly, when the US gov banned alcohol in prohibition, it did not eliminate demand for booze. It just moved the market underground.