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NEW: A major academic study on Bitcoin bans finds that Bitcoin bans can't stop BTC.

Researchers analyzed 19 countries from 2013 to 2024 and discovered that Bitcoin’s decentralized network keeps markets integrated even under strict bans.

China and Russia showed only partial segmentation, while smaller markets saw counterintuitive increases in integration after bans.

The study concludes that unilateral restrictions are largely ineffective.

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blackstrype 1mo ago

If I'm not mistaken, this is both good and bad news because it shows that the protocol survives by strong conviction but it ostricizes Bitcoin users from the status quo and throttles worldwide adoption.

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