The government will never want to relinquish their central control of the financial systems and it's only so expected that they would want to do all they can to give bitcoin a bad name to discourage citizens vast adoption and in extension institutions.

We have seen how their statements over the past decade about bitcoin made many people lose in the opportunity of owning bitcoin when the price has really gone up half to what we have today. But good a thing people have started doing their own research and realising the opportunity that lies behind the digital asset and have started disregarding most of government noises about bitcoin.

Actually, governments have never been lenient to their control and when such phenomenon as bitcoin appears that threatens their control, then they are even more protective. It is no wonder they emphasize on the dangers and drawbacks as this is one way of binding people together in the old system which they control. However, that also implies that large numbers of people are being left behind since they keep on listening to what the authorities are saying without ever expanding on it. The interesting thing now is that the increasing number of them turns out to self-educate by simply looking at bitcoin not as hype or scare. The latter is likely to be the greatest threat to the rule of the governments and the reason why governments continue to propagate negative messages. Nonetheless, it is better that the individuals learn to think rather than accept what government tells.

I agree that government acknowledgment of Bitcoin isn't always entirely beneficial. While regulatory clarity can help the market mature and attract institutional investors, too much oversight can also limit privacy, decentralization, and innovation.

In some countries, government involvement leads to unnecessary restrictions, surveillance, or even bans that go against the core philosophy of crypto: financial freedom. Bitcoin was created to remove the need for centralized control — not to be absorbed by it.

On the other hand, as crypto adoption grows, users must take **personal security** seriously. Government intervention or not, your funds are always at risk if your wallet or exchange account is compromised.

That’s why **2FA (Two-Factor Authentication)** is a must-have for every crypto user. I personally recommend [2fakode.com](https://2fakode.com/) — it’s a simple tool to generate secure 2FA backup keys that can be used with Google Authenticator or Authy. If your device is lost, having the secret key from 2fakode can save you.

Whether or not we agree with government involvement, staying **sovereign over your own assets** starts with securing them properly.