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If you briefly remember the progress of the times, the existence of the internet has really helped a lot. However, that doesn't mean everything can be done using just the internet.
Previously, the post office was the first choice for sending messages, but now there are many platforms that can be used to send messages. But even so, the role of the post office still exists today. In fact, there are still very many visitors. Although currently this service is widely used to send money. But the post office remains strong.
So perhaps do you guys think the reason why most countries are having some restrictions on Bitcoin is because of the effects it has on the bank that people prefer to invest there funds on Bitcoin instead of banks?.
This could indeed be a strong factor why many countries restrict bitcoin. Additionally, most countries may worry that their national currencies will be replaced by bitcoin. Although this is considered impossible, because the government in a country will definitely prohibit this.