At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
Because governments still looking on how they should legalize the bitcoin. Governments upon to believe that it should be
I think because the government knows that they will not be able to stop technological developments. they will not be able to stop bitcoin because bitcoin growth is very fast. the government is starting to realize that they can not eliminate bitcoin from their country. thats why they will make a rule for bitcoin that can be mutually beneficial