Bitcoin is decentralized and open source which makes it difficult to regulate or encourage from a political standpoint. Is it possible for bitcoin to be integrated into real government and society if it is so hard to regulate. Will it ever become truly "mainstream" and will people start to accept it and find ways to integrate it into society, because right now it almost feels kind of like a gimmick. I see machines around every once in a while to get bitcoin but they always charge ridiculous transaction feels, and whenever I see a sign that says "now accepting bitcoin" it always feels kind of gimmicky. What do you thing?
Its de-centralized so its hard for any government to have total control over it.
Except for Japan who truly accepts bitcoin. But other country, like The Philippines, has put a regulation on exchanges to comply with the country's KYC/AML rule. So it you are own bitcoin and want to convert it to your local currency you just have to submit documents to those exchanges and transfer your bitcoin to them. So its no gimmick for those bitcoin friendly country.