While the government may not explicitly aim to eliminate Bitcoin, regulatory actions can impact the ecosystem. For instance, stringent regulations could stifle innovation and deter investment in the industry. It's crucial to acknowledge that regulatory challenges might not manifest as an outright ban but could include restrictive measures that impede the development and adoption of decentralized technologies.
The absence of an outright ban and the visibility of Bitcoin in mainstream media do not necessarily mean that the cryptocurrency faces no hindrances in the U.S. The regulatory landscape is multifaceted, and a more comprehensive understanding is required to evaluate the potential challenges that could affect Bitcoin adoption in the long run.
Yes, it's
theoretically possible to curtail trade in Bitcoin with government regulations.
But it hasn't happened, and there's no sign of it happening in the USA (quite the opposite, given the approval of the ETF), and millions of people own Bitcoin and other cryptos.
People complaining about Bitcoin not being a mainstream means of payment
right now have no reason to blame "the government".