Accept the fact that most of governments will oppose crypto currency. Obviously there are some countries who have decided to embrace the future, but let's face it, most of governments will stand against. Who likes their currency to be weaken? Every time a stupid country opposes bitcoin, there is so much fud and a great price drop.
China bans mining
South Korea will not ban crypto but obviously does not welcome it
India banning crypto
I fully expected this resistance from governments.
Don't be surprised if more countries come out against bitcoin
I know right? If this continually happens, bitcoin will decrease its value not dramatically but super fast. I hope some government will not follow those countries that regulate and ban bitcoin, I hope they leave their people alone bitcoin is direct to the user and easy to use in short it was user-friendly.
I know it will affect countries economic system but they should have another solution not just banning it.
I hope those countries will change thier mind about this situation of BTC.