With AI rapidly evolving, mass surveillance becoming more sophisticated, and financial regulations getting stricter, the environment would be very different from what Bitcoin faced back in 2009.
The regulations and surveillance became "stricter" because more and more people started joining the Bitcoin or crypto movements. Government or regulators do not usually pay attention to something until more people start joining it.
So just like they looked at Bitcoin back then, I think they would still underestimate it in the present day until it was too late. You can't move with a raincoat expecting rain in a desert, can you?
History has shown that before any new technology becomes very popular, the government does not give much importance to it. However, when a large number of people start getting involved with it, their surveillance and control start increasing. This is also the case with Bitcoin. Initially, some did not give much importance to Bitcoin. However, now governments and financial institutions of various countries are giving it some importance and the acceptance of Bitcoin has increased.
But I think that in addition to excessive control, it is also important to consider the issue of people's financial freedom and personal privacy. Because one of the important aspects of Bitcoin is to give us the opportunity to directly control our own money. Even if regulatory agencies or governments are late in understanding the potential of Bitcoin, technological progress does not stop. Therefore, we should not neglect Bitcoin and understand both its possibilities and limitations.
