The government is sure that bitcoin or crypto is being used for illegal purposes that is why they are so keen on preventing it from spreading more and more people using cryptocurrencies. It’s a sloppy excuse because the real reason why they do not like crypto is because it is a threat to fiat. They lose control over the money and they lose control over the economy.

The fact El Salvador accepted Bitcoin as a legal currency does not mean that other government across the world will accept it someday. The reality is that , the government will keep fighting bitcoin with all market strategy and strick regulations.

Reasons why they will keep fighting is not about the prosperity of the people majorly but about power and authority to control people. This is why they prefer the centralized system in order to keep the people poor so that they can run to their feet for daily bread, seek shelter and wait for other provision.

Don't underestimate the power of ideas. Who knows, there might come a time when governments would be led by people who are convinced that money should be made completely independent from the state. It has been proven countless of times that states can't be trusted with the power over money. Money has only been debased, devalued, squandered by governments. I guess time might come when leaders would realize that. At which point, Bitcoin might be the first alternative. 

The fact El Salvador accepted Bitcoin as a legal currency does not mean that other government across the world will accept it someday. The reality is that , the government will keep fighting bitcoin with all market strategy and strick regulations.

Reasons why they will keep fighting is not about the prosperity of the people majorly but about power and authority to control people. This is why they prefer the centralized system in order to keep the people poor so that they can run to their feet for daily bread, seek shelter and wait for other provision.

And even if Bitcoin were legalized in the future, it would probably not be the main payment method most people use.

At least for most day-to-day transactions.

The fact El Salvador accepted Bitcoin as a legal currency does not mean that other government across the world will accept it someday. The reality is that , the government will keep fighting bitcoin with all market strategy and strick regulations.

Reasons why they will keep fighting is not about the prosperity of the people majorly but about power and authority to control people. This is why they prefer the centralized system in order to keep the people poor so that they can run to their feet for daily bread, seek shelter and wait for other provision.

We all know that through Bitcoin, every one will be there own boss. No control or submission to any authority over your own belonging or money, the life threatening taxes will be done away with.

But as of now, no matter how popular Bitcoin becomes, it will keep facing the wrath of the angry government who need to keep people poor.

More also, before bitcoin will become used by everyone across the world as means of payment, most users hear must have grown white Bear,

It is not everyone that will use or buy bitcoin even if the government legalize it because some people will still prefer the traditional way. Currently, with the uptrend of bitcoin price, and high transaction fee occasionally, has made majority of bitcoin enthusiasts to use bitcoin as a long-term investment rather than a currency.

The fact El Salvador accepted Bitcoin as a legal currency does not mean that other government across the world will accept it someday. The reality is that , the government will keep fighting bitcoin with all market strategy and strick regulations.

We all know that through Bitcoin, every one will be there own boss. No control or submission to any authority over your own belonging or money, the life threatening taxes will be done away with.