We all know, there are 2 types of cryptocurrency
1st: centralized
2nd: decentralized
The difference between them, centralized cryptocurrency is controlled by a government or a company. It has value only in the specific area under company or government boundaries.
Decentralized cryptocurrency has no connection with any state, government
But, the government of some countries are against Bitcoin and some are ready to adopt Bitcoin. So what would effect on Bitcoin if any government approved Bitcoin as a legal tender?
For sure, people will go into decentralization that a part away from the government. But the government on the other part will be securing the centralization for the reason that they want to put certain regulations binding cryptocurrency, the people and its government that is said to unite those three avoiding conflicts that can be a negative result of crypto usage that is a good point on the other hand.