Okay 👍 So, basically make it impossible to trade crypto for fiat?
So is monero banned? The availability of monero in exchanges in very limited. I guess it depends on your definition of banned.
Still available on Kraken and a few others But there are many options to buy, swap, and sell it https://pb.envs.net/?fddbb02f3599dc10#5o6C51E4iNNQC5APBegEsMRTcDsNcHUFZXEMz6RNbUhq
Yes or somehow block transactions with bitcoin nodes on the internet somehow
This is crap. Only ordinary citizens will be affected. Criminals will operate out of crypto havens like El Salvador 😖
Banning exchanges could be accomplished. Most would see it as a nuclear option though. It seems more probable that some form of key registration will be used to control the currency flow.
So, KYC of your key
But couldn't you use VPN to bypass this if you had your own node
It's literally one extra step. That's the worst they can do. Instead of: Exchange <-> XMR It's now: Exchange <-> LTC, DOGE, BCH (or your crypto of choice) <-> XMR You can also get get cash, or digital fiat, for XMR directly with crytpo ATMs and things like LocalMonero and Haveno(soon) https://pb.envs.net/?fddbb02f3599dc10#5o6C51E4iNNQC5APBegEsMRTcDsNcHUFZXEMz6RNbUhq https://image.nostr.build/1508d3f3ddedcb86288e8241d562bcd6c4b3b8f0dd5990d764db380b9d336628.png