Michael Saylor, the former CEO of MicroStrategy stated that the recent clampdown on crypto from a regulatory point of view is good for bitcoin. He believes that it will help Bitcoin become stronger, as it should be. “Crypto crackdown is really good for Bitcoin.”
He has a point. If the govs can't take bitcoin down, bitcoin will become even stronger. If they take it down easily, then don't get me wrong but, bitcoin never deserved to exist in the first place. Bitcoin is hard money, it is unstoppable hard money, cannot be confiscated. These shouldn't be just words. Bitcoin should prove its status. If the government of the US can't kill bitcoin, then it would mean that there is no entity that can. We keep saying that bitcoin is invincible, how about testing it?