what do you think if bitcoin is managed well by a country?
Well, it will make bitcoin more common among the resident and the price will be higher than now. Because if it is managed by a country, it is legitimate, so people will tend to use it. I think if it's really happen, bitcoin may become like USD, a currency that accepted by any country.
Bitcoin adoption allows for acceptance in a wider form. The more bitcoin it is accepted, the more bitcoin spreads to other parts of the world. Because this is a common currency and there is no one party that has dominance, it will be a little difficult about how the regulations will be set later.