Governments frequently misunderstand bitcoin innovation.
This impression arises from the disproportionate bans and regulations they enact.
Although occasionally the bitcoin regulations appear unreasonable, I posit that bitcoin is not as detrimental as suggested. Please correct me if I am wrong.
I am 100% sure that governments around the world have assigned people to study what Bitcoin is in detail, but they will definitely reject it because they discovered that they cannot control Bitcoin. governments in many countries don't like it when their power of control over something is weak, they only like and support things that they can control and which only benefit them while they feel that bitcoin is not profitable at all. but there is nothing to worry about, so far bitcoin has continued to grow without support from governments in many countries.