I think the Governments negative stance towards Bitcoin is rooted in concerns about losing control over their national currencies and potential risks like unregulated criminal activity. El Salvador has adopted Bitcoin because of its benefits while many other countries are still undecided leaving transactions mainly unprotected. I also thing Even in the face of sanctions by nations like China the increasing global acceptance of Bitcoin implies that such initiatives won't impede its ascent. Bitcoin value is anticipated to increase because of how rare it is compared to official money.