Think of the way governments tries to Establish different regulations and laws on Bitcoin this leads to see the feuture of Bitcoin will be good more than the way we think. Government should not underestimates people's Power and Bitcoin strengthen by It's users
Governments of the most countries are trying to establish new laws and regulation on Bitcoin and crypto trade. This situation isn't good for the crypto lovers because we live in a country and if govt imposes such hard rules, we have to fear of our punishment if we can be caught by law enforcing agencies. Although Bitcoin transaction and trade are fully controlled by the users and here the govt has no control but it should be bear in mind that govt rules play a vital factor in the society.
it does. If bitcoin is declared illegal, it means anyone caught using bitcoin for any transaction both domestically and internationally has break the law and this might result into punishment. Many of us underestimate the power of government, thinking they cannot end this crypto but we should be hoping there are not going to be more strict regulations because it can damage crypto