With more govs like china and Denmark (as I've heard) putting the squeeze on cyrpto or outright moving to ban it, I can only imagine it becoming more valuable. Government tyranny is a pure evil. The freedom and subterfuge offered by crypto will give it close to intrinsic value the world over.
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It is a balance btw restricting the supply which is good and deflationary......... and the opposite side which is reducing the liquidity.