Will the crypto world be permanently banned domestically?
First, my humble opinion: in short, impossible.
There are three reasons:
1. The crypto world is no longer something that exists “outside the Three Realms”; the power struggles behind it have become part of the rivalry between major powers.
2. All the small-time retail investors you see domestically are insignificant in the grand scheme of things. I’ll leave it at that—those who know, know.
3. You can’t just stamp out everything that escapes the rules—just like pornography is banned domestically, but doesn’t everyone still have access to a porn site?