I also believe that many countries in 1-2 years will form their cryptocurrency portfolio. They will at least do this to protect their own interests. This will certainly be done by developed countries that have free financial resources.
I agree with you, it is inevitable
Yes, governments need to keep up with the times or fall behind, and they will fall behind believe in that. The only thing to do is to join in since they can't stop it or change it.
I remember the day when Gov of India announced that cryptocurrencies were not legal tender and the transactions were not recognized by the reserve bank, that day bitcoin crashed hard. If all the countries ban it (impossible) the bitcoin will lose more than 80% of its users. So it may crash down totally.
And after the crash, if someone requests to buy my bitcoin at the price 1M$ I shall not because I am not interested in any kind of illegal activity.
I don't know why it would have caused the crash. It doesn't matter if bitcoin is legal tender you can still use it. I think you confused.
So if someone wants to buy your bitcoin for one million you will say no??
You, sir, are an idiot.
Just because a few morons made up a law doesn't make it right. Check your morals.