One thing I love about Bitcoin is that when the haters voice grows louder and the value drop base on their policies, just to attack it, Bitcoin still fight it way back up,
Please the government need to know this, they have already lost.
All the bitcoineers cheers
I think we don't need to worry about bitcoin, no one can oppose the development of bitcoin, including the government. because now every country has studied how bitcoin works, even countries like Singapore, Japan, Ecuador have started to regulate this issue. Like it or not, the times must be followed, in full, namely regulations with good rules. So don't look at Bitcoin from its bubble. but from the technology.
In America now, the news here and there is talking about recession, inflation, even large centralized banks in America are collapsing, so centralization could be problematic. Therefore, Bitcoin is a very valuable asset for me. And now Bitcoin is not just for transactions, it is even called an asset, and in my country it has been legalized as a commodity.
It cannot be separated from its past controversies, such as China banning bitcoin, Vietnam banning it because it is easy to commit crimes, Ecuador because it wants to issue its own currency. But the reality until now is that China's response to Bitcoin is still gray,
and Vietnam contributes the most blockchain-based play to earn games from Asia, and Ecuador has invested in bitcoin and regulates it.
Apart from bitcoin, like ethereum and other cryptocurrencies, it's not just for transactions, but blockchain technology, maybe today it's just for trading. but the future and times will always develop, the government will inevitably have to follow the current developments of the times.