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RE: Governments are well aware that a ban on cryptocurrencies is counterproductive
I'd say banning nearly has the opposite effect of what is intended in most cases. If a government really wants to kill something, they keep it legal, but then regulate and tax it to death.
That is probably my greatest concern about cryptocurrencies. With widespread adoption comes greater interest by governmental bodies to control it and bend it to their will.
They can only control it and tax it if we allow them to. Crypto is designed and meant to free us from the fiat currency ponzy scheme we are trapped in. Yet people are declaring their crypto earnings and being taxed on them. By doing this they have condemned it to be controlled by the central bankers and harder for those new to crypto to break themselves free of the fiat currency ponzy scheme. They'll come to crypto to escape and find that it's not what those in crypto claim it is.