Let's get this right.
There are many controls when we talk about BTC, but I believe it's not right to say many governments don't succeed in controlling BTC because BTC is not totally bulletproof to all attacks, and the only reason we see BTC thrive before the ETF, and others, is because the decentralization, concensus, and the government somehow supported BTC.
If every government imposes ban the on mining BTC on their soil. How will BTC survive?

Yes, the decentralization of BTC makes the ecosystem not be controlled by the government, and when it also comes to price, I can boldly say that the government can totally control BTC using all the market makers we have in the market.

Let's be honest with ourselves.

The market will still be volatile in its own way since BTC is used as an asset. Every asset have it own level of volatility.

Governments can prohibit people from using Bitcoin through their regulations, but they can never control people from using it because people can use VPN networks to bypass these restrictions.

Many people in countries that ban Bitcoin have already used this method, they use VPN networks to still access Bitcoin. So, governments can issue various regulations to restrict Bitcoin, but they cannot stop people from accessing it.

I want to talk about two things on this subject. First of all, the government cannot print money even if it wants to. Every government wants the inflation rate in their country to be low and the prices of all daily necessities to be low so that it is within the purchasing power of the people. When the government prints money, the price of their fiat currency decreases. This increases the economic problems of the country. Even then, the government has to print money for many needs. Another thing is that if the government of a country wants to buy Bitcoin by printing money, then some problems will arise. The main problem here will be that if you want to buy Bitcoin, you will first have to approve the  Bitcoin in that country. When Bitcoin is approved, the people in that country will start buying more Bitcoin and those who have Bitcoin will decide to hold more. As a result, the price of Bitcoin will increase. And the government will  have the power to interfere with the country's currency and control all kinds of financial information of any person. If Bitcoin is approved, they will lose this kind of power. That is why most countries do not approve Bitcoin. However, changes are now being seen in many countries. Which is a very good sign for the future of Bitcoin. So, even if the decisions of the country's government and the big holders temporarily affect the market, in the long run, Bitcoin will continue at its own way.

You make quite a solid point there mate. The way Bitcoin was modeled, it’s infact impossible for a single entity (even the government) to dominate or centralize the market or control the supply, and the fact that Bitcoin only have a limited supply makes it even cooler and impossible to manipulate, this means that as soon as the total supply dries up completely,  then accumulation will definitely slow down if not cease, this is because Bitcoin’s liquidity is fully dependent on voluntary market activity.

As long as there are buyers and sellers, it will always rotate, but the amount of ownership varies from person to person. The largest holders will eventually be government and private institutions, as well as Bitcoin ETFs, which account for almost 6.8% of the total BTC supply. Not bad. I think it's not BTC, but the system itself that can't be controlled because it's blockchain-based. Yes, BTC is increasingly interesting going forward, and we will see the race to ownership, whoever accumulates the most will win.

BTC is the said system incarnate.

So I do think we may extent it to it as well.

Why and how? A few years back, most countries were against Bitcoin, some even had it banned, like China, but that didn't stop people from using it, and the adoption was constantly increasing. So even if a country or a government decides to ban Bitcoin, that isn't going to completely stop people from using it, but there will still be ways for them to use Bitcoin, and it won't just be used by criminals and freaks. People in the initial stages of Bitcoin's popularity said the same thing: that Bitcoin is a currency that is only used by criminals for illegal activities, but they were proved wrong, and today, Bitcoin is being used all around the world.

So, first things first, not all governments will decide to ban Bitcoin because most have already accepted it and have regulated it, and some are thinking of doing so. That's why, the possibility of something like that happening is very low. However, if someone countries decide to do that, their people will still find a way to keep using Bitcoin and cryptocurrencies because you can't just decide to stop using something all of a sudden, especially if you have been using it for quite some time because it will become a part of your life.

They can only affect the minds and shake things up, I agree, but they are not in charge here.

But it's still interesting to see govs not just swaying BTC off, but trying to get under its skin and get a value out of it regardless.

You can say this is impossible based on the political games played by most governments, the level of how they like to force control over things, and even when they are at war with each other, they sometimes agree on something by working together.
What i am trying to say here is that if the government doesn't somehow support BTC, they can easily push the narrative of banning its mining on their soil.


Yes, every country has it own rules and regulations, but when it comes to political gain and domination, everyone who understands the political game knows they can bend the rules, cook up lies just to have things their way.

Glad you made the point that Bitcoin is not inviolable, and there are indeed many ways that the government can control BTC. Mind you, some didn't involve money. An example is how they claim to support and plan to use BTC as a reserve fund; they can create rules and regulations that will put every CEX, organization, and institution holding BTC under their control, which will make them technically control a huge amount of BTC.