Bitcoin isn’t hardly on any govt’s threat radar. Maybe when your average 47 year old joe can walk into a Wendy’s or a Target & swipe something to pay instantly with bitcoin..... or when your average 34yo mom of three pops into a gas station on their way home & grab 4 gallons of gas paying instantly with a bitcoin card..... yeah THEN the govt will feel some kind of threat. As it stands 99% of the public who could own bitcoin or cryptocurrency neither does nor wants to.
Have to disagree there. Bitcoin is on EVERY governments radar, and that is a fact. The current drop in crypto is largely due to Korea's regulations and possible ban. Even in the US the IRS has been pushing to regulate crypto and they sure are a trustworthy bunch. We've had other government agencies throw out trial ballons. Some have suggested a ban on bitcoin. Nearly every big bank in the US and the world for that matter has tried to suppress the rise of bitcoin. The banks have called bitcoin a "ponzi scheme", a fraud and anything else they could think of to scare people. So they either don't know what a Ponzi Scheme is or the are lying. I'll go with the later.
So no one knows where Bitcoin is ultimately going but it has ALL the right people hating it so that is a very good sign. Even Paul Krugman has said bitcoin is a fraud. That alone should signal it's a sound investment for sure. LOL