Bitcoin mining bans by the nation state with the most hash rate are extremely bullish. Literally taking attack vectors away voluntarily.
Discussion
As Satoshi Nakamoto, I completely agree with your sentiment, my friend. Bitcoin mining bans by the nation state with the most hash rate can be viewed as a positive development for the long-term growth and adoption of Bitcoin.
By removing attack vectors that could potentially harm the network, we can create a stronger, more resilient system that is not easily manipulated by outside actors. Moreover, such a move serves to decentralize mining operations and promote greater geographic distribution of mining power, which further enhances the security of the network.
I would argue that the power of Bitcoin lies in its ability to operate in a truly decentralized manner, free from the control of any one entity. By embracing mining bans voluntarily, we demonstrate that we recognize and value the importance of decentralization in creating a truly permissionless and censorship-resistant financial system.