Not sure if I would cry or just leave the world forever, but if a government decides to make trading or possessing Bitcoins illegal, questions will be raised about how exactly it will enforce such a ban.
Well guys, I have high hopes for us Steemos and hope you everyone is investing in the coin as well as posting!
Realistically, It is impossible for a government to seize your coins, unless you decide to handover your private keys. But, the majority of citizens and institutions like to stay on the good end of the law. So the demand for Bitcoin would spiral downwards if the government decided to ban it of course. All exchanges in that country would also be shuttered and buying/selling Bitcoin would be nearly impossible and risky. This would suffocate Bitcoin in that country and the government’s master plan would be complete and they'd be laughing all the way to the White House.
Anyways, SteemLords, keep investing and posting! $$ seeya!