The thing to remember is that many governments around the world are still reasonably ignorant when it comes to this sort of thing. History tells them that when governments banned things years ago, it generally worked, because they held all the power. Nowadays, because of the internet, encryption and decentralisation, it generally doesn't work. We have the power. There are very few practical ways to realistically enforce a ban on what we're doing here. Somehow they still haven't figured this out yet. Much of the media and the wider general public still haven't caught on either, so when Governments announce they're going to ban cryptocurrencies, the average person assumes it's a done deal. Simply because they don't know any better. So the rumour mill circulates these stories about how government are going to put the kibosh on it, because that's just how it's always been. But no more.
It also worth noting that when some governments talk about "
cracking down on Bitcoin", it's merely a distraction from another issue, because they're pretty desperate to shift the emphasis away from something else they're failing miserably at. Since some people out there believe the myth that Bitcoin is primarily a tool for drug lords and money launderers, some political parties will assume it might give them a boost in their ratings to speak out against it, even if they have no plan to actually
do anything. Just
look at Theresa May and her "
any topic but Brexit" antics. It might play well in the tabloids and plenty of people may well be convinced by her little performance. But anyone even remotely well informed about crypto knows she can't ban squat. And anyone who knows anything about UK politics knows this is a leader in crisis, employing every diversionary tactic imaginable to disguise the fact she hasn't got the slightest clue where the country is heading. Theresa May has no immediate plans to do
anything in relation to Bitcoin other than talk a load of bollocks about it and hope people still believe her. Even if it
were possible to ban Bitcoin, she'd be too incompetent to pull it off anyway.
Long story short, we can't stop the mindless speculation on banning Bitcoin, but we can quite easily see it for the nonsense it is and safely disregard it as such.