Brother, can you spare a (bit)coin?

“The efficacy of any bitcoin ban is dubious,” said Van Valkenburgh. “It’s bullish because if a powerful government like China feels the need to ban trading, then it’s a good indicator that the technology works and that it does what it’s supposed to. If it overcomes those controls, then it’s further proof that it’s independent from government controls, which is pretty radical.”(from Bloomberg)

The Bank of Israel is also very suspicious of bitcoin, and even small traders are accused of escaping tax and or be involved in drugs or whatever. Bitcoin seems to have escaped the nation state.