At the early stages Russia ruled it as illegal, China outlawed all withdrawals and some other country also spoke against it. But now everything seem to be smoothing up at least on the government side. Surely Bitcoin must be seen as challenging their authority. Is there something I am failing to see? All it would take is a 51% attack or a new law.
A new law on how they can stop Bitcoin? They should have done that when Bitcoin was just starting out, they are too late by 5 to 8 years, Bitcoin is moving fast in its adoption and there will be a time when the question will reverse and it will be, why this country or government hasn't adopted Bitcoin yet, or they will be left behind in this technology and will realize that they have no choice but to adopt Bitcoin.