I would like to take up the points of an article published on
Bitcoinist. (Even if some will say that this media is Pro-Bitcoin the points are the most important.)
1. Laws Cant Be Written Against Bits and Bites
2. You Cant Ban Open-Source Distributed Software
3. Bitcoin Can Be Broadcasted via Satellite
4. You can Send Bitcoin Via SMS
5. You Cant Shut Down the Power Grid
Any regulation can't prevent us from using Bitcoin. Despite their attempt to keep an eye on the system, it is simply impossible for them to ban people using it. So why giving a fuck to "I'm afraid my country will ban Bitcoin!"
They have nothing to fully stop the ecosystem that is currently emerging.
Government vary across the globe but a unanimous warmth embrace to bitcoin will fertilize the growth of btc. If you understand this then you will agree with me that the otherwise is calamitous. Don't underestimate the power of government because they can actually do and undo. You can't tell me that if Chinese government continue in their current direction it won't affect btc. What if many other countries follow suit? Government can drastically reduce btc to a low level but I don't anticipate such anyway.