I came to a realization that government had stepped in already in some countries who are accepted and acknowledge cryptocurrency existence. In fact they made a regulations that has made some negative and positve reactions over the implementation of cryptocurrency regulations like doing KYC (Knoy Your Client) on local exchanges, Registering ICO projects to the government agency concerns and etc which purpose is to prevent illegal or abuse in the use of cryptocurrency from money laundering, funding terrorist groups and etc. Well can you say about this regulations, GOOD or BAD?
The government didnt really step in, cause they dont have control over Bitcoin, all they did was set rules and regulations for those that are making use of Bitcoin and other cryptocurrencies, and thats not in every country, not every government looks into cryptocurrency or tries to stand in the way. And Im very sure that Im not the only that thinks the government having control over Bitcoin will be really bad for us.