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Jeez, am I back in 2017? These are the threads that pops up when I first read around here in BTC Discussion board.
OP, even if you think about it happening, I prefer it to be not. Do not let the regulation come by from that "global adoption" that you are imagining. I do not want any authorities involved in my holdings. My coin, my responsibility.
Totally ironic i would say but people do really love that part but we cant really deny that there are services which we do really much prefer specially dealing off with crypto to fiat transactions but we shouldnt
really anticipate much that everything would be regulated but of course those platforms which are involved will typically be having this kind of normal transactions but in overall
it wouldnt really come into a point on where it could be a global currency in the future but instead it would really be a good option instead.
I just realized something that what if the government ask us to submit our portfolio to them because if not they will punish us or put us in jail just for that. Hell no, they shouldn't touch my belongings since it's kinda breaking our security and privacy in the first place.
And can we stop thinking that Bitcoin would dominate or remove fiat completely in the future since I don't think the government will allow that. And also, not every country accept Bitcoin as a legal tender especially China so quit imagining things that's almost impossible to happen.