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.
Yes, a lot of new things come out are subject to a round of blows. In the end, the development is really uncontrollable, and it will naturally become legal again. Now it is compared with some countries that ban Bitcoin because their government wants Controlling their country’s finances must not allow cryptocurrencies to affect the stock market.