They're full of crap and it mostly seems like FUD at this point.
I used to not believe it, but I'm starting to think many of the governments like China and Russia are terrified of losing control of their currency to decentralized tech like Bitcoin, ETH and the like.
100% terrified but they also know that they can't stop is so the ban should just be temporary until they come up with some permanent regulations
Agreed dude. The age old "Ban it until we can figure out how to make money off of it" strategy, works like a charm