You know,when the course was going up to 20,000, I thought so, too.But now this thought is moving away from me further and further.Seeing Bitcoin and other cryptocurrencies now, I don't believe it anymore.Too bad the odds were very good.
The course of wide acceptance of bitcoin does not mean that the price has to soar to an all time high, the rally we had in the past made some headline news all over the world and people will be checking out the market who are not tech savvy and the slide also made headlines, more investors and users has to participate if we are looking for a truly global currency, with the legal framework surrounding the market and everything i am sure it will become mainstream in due time.
without legalization from government we still can use our bitcoin directly at some place. Bitcoin don't need government but government need bitcoin and blockchain technology.
Legal framework is necessary for bitcoin to become mainstream but the true purpose is to overcome the government manipulation and monopoly but the market has grown to a point that the governments around the world cannot neglect the emerging market.