Despite the massive growth, advancement and advantages of Bitcoin and most crypto currency, why is it hard for most countries to fully accept it is or permit it's exchange?
Bitcoin and crypto are two different things. Bitcoin is money and a monetary protocol, while crypto includes platforms for issuing tokens, utility tokens, and many other things that are not directly related to money. Bitcoin is distinct from all of that.
Lol, it is somehow funny to think how Bitcoin, which is under the umbrella of cryptocurrency not be crypto? If you want to make a statement about Bitcoin being different from other cryptocurrency, you can just use the word altcoins (alternative coins) to set a difference between Bitcoin and other cryptocurrencies.
Thera are also other cryptocurrency that has almost the same infrastructure like Bitcoin because these altcoins are forks of Bitcoin.
Bitcoin represents the separation of money from the state and the abolition of central banks and their monopoly over issuing money. States do not want to give up this mechanism because it allows them to constantly and easily create money out of nothing. By controlling money and holding a monopoly over it, they have power over people and can finance regimes.
Aren't you exaggerating Bitcoin? I can't find anywhere on the whitepaper that tells Bitcoin is the separation of money from the state, and abolition of central banks... You sounds great but not 100% i factual.
Back to the topic, if we look back at the replies, some replies point to an article link that tells Bitcoin is legal to most of the nations and there are far fewer countries that are hostile to Bitcoin. Many country have no problem accepting Bitcoin as a mode of payment, being traded on an exchange, or being invested by investors; in fact, some companies even set up spot ETF, while other companies are actively accumulating Bitcoin.