I think that btc online payments are very convenient and moreover they are really fast and reliable. I don't know why governments still have't accepted btc and ether officially because they have many pros
As good as bitcoin is, it is the government's role to conduct a broader sense of usability and security against any cryptocurrency. Given that the technology and system is very new, the threat on security is real in the eyes of the government. And having a currency that does not required their involvement is an added threat to a country's sovereignty.
But as the times had been showing, governments are starting to consider cryptocurrency and its practical application. They started learning the curves and is trying to figure out how it can be utilized to benefit both the governing authorities and its people. In fact, among the concerns of US SEC is the threat of price manipulation, stating that they will remain skeptical of Bitcoin ETF unless otherwise this issue is addressed. With that said, governments do have the people among their best interest too.
Excellent point. I think people are quick to brand the government as anti-bitcoin, when theyre just doing their jobs in making sure society stays protected. People are forgetting the fact that the government consists of real people who can also benefit from the many advantages of using crypto.
