The sharing economy is just going to continue to grow, and governments will be challenged to understand and manage its implications while embracing its benefits. However, governments will be at a significant disadvantage if they wait too long and newer technologies and markets will have already been developed that do not follow traditional models. Think of the following: Uber is the worlds largest taxi service and owns no cars. Airbnb provides lodging yet does not own real estate.
How will local governments adapt to these new ways of doing business that are disrupting traditional business models? All we know now is that governments are a long way from even contemplating and accepting this new reality.
Governments have been aware of the blockchain technology, acknowledging its potential and how it will affect and change existing banking and financial systems. Bitcoin will be subject to more regulation. But that is not necessarily a bad thing. Some bitcoin investors believe that if the government regulates bitcoin more, it might legalize bitcoin and expand its use.
In my opinion, using Bitcoin to apply in some fields is more hard than use blockchain - the Bitcoin technology to develop and create new system. Bitcoin is old and it is decentralized system, the government never have chance to manage any decentralized system if they do not change the nature of this system. Therefore, the government still need a long time to consider careful which field is good for Bitcoin at the moment. Maybe, like the decision of U.S for Bitcoin, see it as a stock.