In my opinion, the government plays a very important role in the development of Bitcoin in a country. For example, a government announces that it will accept Bitcoin in that country, so I'm sure the development of Bitcoin in that country will be very fast!
BTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTCBTC
What do you think, the Government or the community who play an important role in the development of Bitcoin?!
Anytime you heard the prediction of bitcoins to over $100k then never think that it is impossible. If the government from each nation starts supporting bitcoins then I am sure that even $100k would be reached. The centralized government plays a important role behind the development and growth of bitcoins.
Until now, bitcoins are not treated as a legal mean of payment which makes a lot of community lack their faith in bitcoins but you surely can imagine what would happen if each of the government declares that bitcoins are a legal mean of transaction and all blockchain activities should be considered legal. That day itself bitcoins would take a huge boost and more and more peoples would continue getting into the blockchain technology.