Crypto enthusiast Anthony Pompliano believes government bans on crypto assets will not affect the price and adoption of Bitcoin due to its decentralized nature.
Bitcoin has proven to perform well in countries with bans, as citizens seek to protect themselves against inflation.
Pompliano argues that government bans actually make certain products more popular, and if a ban were imposed on Bitcoin, people would rally around it and increase adoption.
Pompliano predicts a surge in the price of Bitcoin, citing historical supply shocks and the end of a sideways summer as driving factors.