What would happen to Bitcoin’s value if all countries banned crypto exchanges ?

[2Pizza410000BTC]

What would happen to Bitcoin’s value if all countries banned crypto exchanges together ? Can it survive such an action ?

If all countries ban crypto exchanges together, then the price of Bitcoin will definitely be affected and will decrease a bit. But I will tell you that such thinking will never be successful. Remember that no country will ban crypto exchanges together. It is a kind of foolishness to think this way. Instead of such thoughts, think positively. Always think that the more the world is updated, the more people are getting to know each other and people are moving forward with very creative thoughts.

[passwordnow]

We go back to the old days of Bitcoin when it was not recognized as a good asset and mostly said being used illegally by the dark market people. So, there's still a value that remains on it and people will still use it even if they are few. The crypto exchanges won't allow any transfer from it if they are banned so, P2P transactions are going to be the normal way of transactions to have a trade. And the value of it remains on going and changing because its volatility doesn't change.

[Abiky]

Yeah, its totally true most folks are just after the money. And yes, I agree – they dont care about decentralization or Satoshi vision or white paper.  Thats just how (current) users are.

But heres where your argument fails: User greed doesnt change how the network works.  You are thinking Bitcoins value is about how many people bet on it.  Nope.  Its valuable because it keeps running without needing banks or anyone in charge.  Decentralization is the key.  Even if everyone only used it for private peer-to-peer payments, the price might stay flat at $1.  But if decentralization fails, all our Bitcoin assets becomes worthless.

If decentralization fails, Bitcoin will surely lose value. But not to a point where it goes all the way down to $1. There are many centralized "shitcoins" on the market with a high market price. BNB, and Solana are good examples of this. Since most people don't care about decentralization, they will probably keep buying and holding BTC like they've used to. It's all about the money.

If countries start "banning" Bitcoin, you can bet people will stop using/supporting it. I mean, no one would want to face fines or go to jail if caught using something "illegal". It is what it is. At least we know, not all countries will turn against Bitcoin. Some will embrace it, while others will reject it. Just like it's the case these days. So just sit back and relax. There's nothing to worry about.

[peter0425]

We go back to the old days of Bitcoin when it was not recognized as a good asset and mostly said being used illegally by the dark market people. So, there's still a value that remains on it and people will still use it even if they are few. The crypto exchanges won't allow any transfer from it if they are banned so, P2P transactions are going to be the normal way of transactions to have a trade. And the value of it remains on going and changing because its volatility doesn't change.

I am sure that a lot of people will appreciate this set up even more. It might be a lot less convenient and it will be a lot complicated and harder to explain to normies but people will say this is how bitcoin was supposed to be used anyway.