I believe that Bitcoin plays a vital role in the economy once it is legalize by the national government. It can help in providing jobs to a lot of people, governmenst can also inposed taxes on Bitcoin transactions, that way, it can also help the economy of that country. Let's just all hope that it will not just go to the pockets of those corrupt offcials in the government. It's high time that we all help and do our part for the improvement of our economy.
corruption does not matter if regulation has been made, but I have not believed in a supervisory agency working to monitor them, I do not think they can ever 100% follow up any illegal activity from anyone and there is no formal agreement if someone wants to do money laundering on media crypto.
The Bitcoin economy has the potential to reach all sectors of society and of course it brings a huge economic impact, but there is one problem where the government will never be able to make binding rules because all the bad things can be done with the internet that is beyond their reach.