What is your take on this and what do you think will make governmental bodies to finally accept crypto?
I think this is very difficult and probably will not happen. I only hear many governments around the world praising blockchain technology, besides I don't see them talking well about cryptocurrency. why? because it is one of the best money laundering tools for sharks that the government cannot control. That's why many governments ban crypto and China is also closing down a series of crypto businesses. 173 enterprises have ceased operations and the next will be more than other garbage businesses.
Is it that fiat has never been used in money laundering or any other illegal activity? These crimes have less to do with money itself and more with humans. There are people who misuse every invention and contrary to them, there are those who respect innovations and utilize in the right way. It is up to us which group we join. Bitcoin is decentralized and government fear loss of economical power by its advancement.