But as a user of it we can complain our suggestion and our rights. We have a rights to know what happened to the taxes that we pay. Yes we can't stop the government control the bitcoin but we can do what is right.
I will state this once more again.
Government cant control BTC. In short words, because each transaction of
BTC cant be control by anyone else, this will make the goverment has less interest in it.
i.e Government could block your bank account, void your money transaction if they deem that you have committed a crime but with
BTC the goverment could not block anything, including your wallet or void your transaction. That is what decentralized means, the most they can do is regulate
BTC transaction to FIAT to get a portion of it (tax)
The government can't control anything 100% but what they can do is put heavy restrictions on something and punish its use. Drugs are illegal but people still buy or use them but they can be punished for doing so and they could do the same thing with bitcoin. They could make it illegal which would threaten its use as a legit currency but people would still use it.
Thing is, people tend to stay with a illegal things . Best thing government could do about this would be issuing heavy tax for BTC/FIAT transaction, thus this will encourage the use of
BTC also that AFAIK in China,
BTC is illegal if you use it as a transaction /payment options , this would be another way for govertment to put on some restriction to it.
because pc are the instruments to use bitcoin and to setup a node, thus helping bitcoin, with the drug, you just confiscated the drug and arrest thos who used it, with bitcoin everyone can have access to it so easily it's not comparable with drug, you can't shut down every internet devices, so you can't deal with bitcoin, the Gov cannot stop it
If you read or process what I'm saying you will see that I'm not saying they can stop it, but they can prohibit it in other ways and that's why my comparison with drugs is apt. They might not be able to stop you using bitcoin (or drugs) but they can put laws and regulations in place to make it illegal and punish you if you choose to ignore them. The gov can still steal or confiscate your bitcoins as well so it's yet again exactly comparable to drugs.
Goverment could not stop it, true but they could make some restrictions on it (basically some laws ) that will hinder the growth of
BTC . Things that are illegal tend to move underground, which means that even if government will to put in some restrictions to it, basically it will not stop anything at all but rather pushing it underground and make things harder for government to track on it.
P.S : by tracking , I meant that to know/regulate the BTC/FIAT exchanger