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.
Regulation of the crypto market such as bitcoin is the main factor for the government and some countries deny its existence because something that cannot be controlled will be a dangerous thing for the government, but everyone knows how bitcoin is able to develop technology that is increasingly bitcoin and the crypto market is slowly making regulations in their own way. myself, I'm sure over time technology in the crypto market, especially bitcoin, will develop in the future. some countries have accepted it, it's just a matter of time