Recently, many governments have been showing increasing animosity against Cryptos. While the
US is preparing to launch a Blockchain surveillance plan, other countries such as
Sweeden are showing signs of moving towards a crypto crackdown by criminalising mining.
Should we be worried about this?
The news does tend to be trending this way at the moment and it can become a self fulfilling prophecy. China was always shady about crypto, just like everything else, and nobody should have expected them to allow it over the long term - they just wanted to cash generated by miners via dirty fuels. However India is another huge population that may soon be banned from owning any crypto apart from the government sponsored one and if Sweden keeps pushing the environmental side then it could attract other EU governments to act against Bitcoin and others. Once we start seeing multiple countries come out with bans, it will become a lot easier for others to stop their citizens owning it (at least via legalized exchanges) in future.