Quote from: JeffBrad12 on June 12, 2025, 03:22:10 AM

Crypto is a lot more resilient than most of people make it out to be.
It was being viewed in a bad way back then yet crypto still active and consistently having rally.
It's now more recognized than ever and crypto become even bigger.
Even without government recognition and the potential of it being outlawed, it will still be alive and well, that's the advantage of decentralized peer to peer currency.
It's built to be resilient from the start.

Cryptocurrencies are "resilient" until people stops supporting them. If everyone stops using crypto out of fear from the government, then the revolution would simply die. As simple as that. In such an scenario, Bitcoin would have weaker network security. It would also lose a huge percentage of its current value. The situation would be much worse with other cryptocurrencies.

Fortunately for us, the chances of every government going against crypto are slim. Some countries will embrace the revolution, while others will reject it. Just like what's happening right now. With the huge taxation benefits cryptocurrencies provide, it would be hard to ignore them. Governments will continue to regulate the industry, until it's under their complete control. Pakistan recently changed its mind about BTC, while Russia's central bank is exploring the use of crypto. Laws are favoring crypto users now more than ever, so there should be nothing to worry about.