Markets for those exist because people use those things. Bitcoin is used as a speculation device, that's converted back into fiat, not as a thing by itself. Th

Markets for those exist because people use those things. Bitcoin is used as a speculation device, that's converted back into fiat, not as a thing by itself. The government won't ban the use of bitcoin, it'll ban the legal on-ramps and off-ramps for converting between cryptocurrencies and fiat. The value of cryptocurrencies is based on hype. When most people can't legally invest, the liquidity will dry up and the price will plummet. That'll lead to less hype, which will lead to lower interest, and so on. Most likely, the bubble will burst, normal people will lose lots of money, the rich will make a lot of money, and the government will regulate cryptocurrency.