Yep. But Bitcoin has no company and no CEO to be jailed as these are not existent or not known.
So what is now your argument of it being stopped regarding to the tech?
And ?To destroy bitcoin they just need to ban the exchange of crypto to fiat and bitcoin will dump to nirvana.What is bitcoin worth if you can't use it to pay any bills or get fiat ?
Also they could just take the 51% attack and have control over the whole network.
Or they just use the bitcoins from US banks like JPM to tank the price to near zero.
Because that was the date when bitcoin was intern announced and provided by a major bank.
Well such mega dumps (and pumps) happen with all tiny (and illiquid assets). I deal with penny and very small cap stocks and it is largely the same behavior there. Small market caps invite huge dumps and pumps. Just recently had one pumping 13% in one day.
You clearly don't have knowledge about old style trader like accumulation and distribution phase aka Wyckoff etc.
JPM and some other major banks accumulated bitcoin already before 2011.Their reports show they logged in 2011 already on average 50 times a day on bitcoin exchanges.
Why you think they did so ?
What comes after the accumulation phase ?
Distribution.How do you get max profit and distribute a stock/crypto ?You pump the price and create hype/demand see NCLA which was also distributed by a major bank.
After distribution what happens ?The price tanks see NCLA from nearly $100 to $14 .
Bitcoin wouldn't exist already wouldn't the US/Nato lost the economic battle against BRICS and are forced to accept the YUAN as new world reserve currency which took them nearly 8 years to prepare.
That is also why the longterm analytic wave of bitcoin is so fucked up because it was not planned in the beginning to exist so long.
The report from JPM in 2011 clearly stated they plan a 2000% profit with bitcoin.
Money is virtual already for a long time. Most (in the West) use cards, online bank apps and bank wires for most of all purchases and this is already virtual money completely unbacked and even more unreal than Bitcoin which at least is mathematically specified. Same goes for these cool hippster fintech banks.
Do you understand what negative interest rates mean and money in blockchain ?
You can't escape their control and basicly they have full control over your money.Paper money is accepted nearly everywhere and you can pay as anybody even as criminal and your paper money will be accepted.Will you have a bad citizenscore in the future your service may be refused........
You need first to understand the control power virtual money on blockchain provides.
I recommend reading the "full dominance spectrum" which governments are implementing to understand that they want to control every aspect of your life.
The argument of USA banning it is largely over. They instead go the path of taking profit of a nascent industry and milking the cow by trying to sandbox it instead of repeating the failed wars on xyx. This can be seen by having the big guys in for some time and shilling it.
No one cares if banana republic xyz tries to ban something.
Bitcoin is their tool so why banning it LOL
Seriously what is the bankers expecially of US wet dream ?
A society with no paper money but virtual money.
US planned for decades to go full virtual.
It is already done deal world wide for a long time.
Their goal like written above a virtual money on blockchain with negative interest linked to gold (to limit its creation amount).
Why you think central banks are buying gold now ?Its for the purpose of the new digital currency which in reality is a one world currency because it will be created from CDR's