Don't worry. The government will use bitcoin within a short time when they will see, it is better to use.

I think it's happening, people's economy is getting messed up by the presence of bitcoin at a very high price. They big investors may be relaxed because they are a lot of money to invest, but middle-class people down will be difficult to buy bitcoin.

I don't think bitcoin will be accepted by the government due to its transparent transactions which cannot be track. Or maybe they have more better reason for refusing bitcoin right now.

Yes, it can really affect to the economy of the country. Because government cant liquidate the money in the world of bitcoin. It might also be people do depositing in bitcoin rather than banks. The supply and demand of the money will decreases the factor in economy basis. Because cryptocurrency are its own world or should I say has its own government.

Because governement doesnt want the banks to be less profitable when it comes to monetary transactions. As we all know banks are one of the biggest taxpayers while Bitcoin has a tax-free transaction, the government literally get nothing from every transactions made, and they dont want to see banks closing down because Bitcoin is rolling up. This is why its hard for the government to embrace the era of cryptocurrency, Im sure their looking for a good medium to fit this kind of technology in our society, lets give it a few years.

Government actually recognize bitcoin as a crypto currency in which a lot still need to be sorted out. The government knows and some people among them use bitcoin, but when it comes to the constitution of the country, what is it saying concerning the crypto-currency? It just have to be debated and come to  a clear blue print concerning their deliberations. There are countries that have approved the Bitcoin, with policies on how it is going to be regulated, used and taxed, depending on the countries involved.While government of countries that are yet to embrace Bitcoin, tends to frown at its activities and there by warning its citizens to desist from investing in bitcoin.