Right now in some of the countries Bitcoin is been banned or restricted, when I think of it I do not blame the government why Bitcoin or cryptocurrencies is been restricted because they do not know the value or importance of Bitcoin. Some government officials have never done any transactions, I mean to buy or invest to Bitcoin or to use Bitcoin as a means to acquire goods and services.
Bitcoin will be more effective in the future, because presently people who are more into cryptocurrency are the younger ones (18-50 years in age).
They know the value and importance of Bitcoin. Despite the ban of Bitcoin in some countries, some individuals mostly the younger ones still have access to Bitcoin. I believe will be more effective in the future.
Some country’s opinion is Bitcoin is illegal, this is a Virtual currency, nobody can touch it, also nobody can tracking their transaction and for this reason people will abuse it in many anti-social activities. So some country Banned Cryptocurrency, but it is correct that they haven’t any good idea about Bitcoin or Crypto-currency.