Crypto Currencies is facing local law policies many where: Local law can be a barrier for many countries to accelerate the blockchain industry. I read the sentiment of many people where the bitcoin or concurrency is not legally authorized but they are very much excited to use this technology. I think, a global revelation only can bring those countries to be inspired.
Local law is local law. If a country wants to ban it's citizens from using cryptocurrency, then it has every right to. There isn't enough lobbying in the world that could possibly change that. I think that fiat currency took a long while to fully implement into the infrastructure of most countries way back then, and so the same could be said of Blockchain technology and cryptocurrencies. The only way that I can see a strict country changing it's stance on crypto use and adoption is if the united Nations made some sort of decree that Blockchain and crypto is mandatory for switching over from fiat. Then those countries may sing a different tune.
Lol maybe in the shithole you live in. The rest of us live in countries where the governments aren't complete idiots. So you saying th government has every right to tell you what to do and has the right to do so? Are you completely insane? Noone has the right to take your freedom. Oh and btw slavery was also once the law so stick your "law is law" bs up your ass because the nazi officers of ww 2 were also only doing ehat the "law was" You need to think a little.