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.
The thing is that I don’t really know how they plan on going about this. The government can do just about anything to make sure that they accomplish their plans. Well, I would say not to get all worried up right now, best to calm down and wait till we see what follows next before we start to react. But on the part of banning mining, I think we should be worried about that one, because cryptocurrency is being mined by big companies these days and can easily be tracked by the governments and shut down.
So, if Sweden should decide that they are going to ban cryptocurrency mining, that wouldn’t be a difficult case for them to handle, it would be easy for them to do that, just like China did. I’m just hoping that governments stop their madness on bitcoin, seriously it’s annoying.