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Bitcoin will take the control of the market since its the one used by many investors.
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The volatility is actually an issue which is stopping some investors from putting their money into it because they fear the loss since they can't predict if price will drop or increase..
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Its very easy to trace the btc someone hold when the government contact the exchange that use AML for the information of its citizens but if the person only use decentralized exchange, it wont be easy to trace..
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Government will not want to do that but if that happens, we will still see the existence of cryptocurrency since it was created for decentralized purpose...
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Bitcoin wont ends for now, its just hard time and something expected we got to adapt witg since we know the real concept of this cryptocurrency as been volatile, the correction will happen soon.
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It will never be easy for government to tace you have bitcoin' because its decentralized and that's one of the purpose it was created, to be anonymous...
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That's good news if its true, with this news certain others too will implement it on the payment gateway, this will make the cryptocurrency demand high...
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This is good for African countries as they are now adopting the use of this technology, this what most of them needs for now to make their economic development stable...
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Its because government have not fully supported the use of Crypto currency in their country, when they approved it, it will be legit because its only government that can legalized a currency..
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One of the issue is the fear of government banning it in their respective countries and most also fear in loosing their money since they know cryptocurrency price is volatile..
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Its altcoins we can classified as pump and dump scheme snd not bitcoin that has already gained ground and popular...
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i think some of the reasons government still failed not to legalize the use of blockchain is because of the risk of anonymous which can be use for illegal activities...
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That's good and great news, its also a welcome development and i see in future that many other government and countries too will join it...
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Bitcoin cant be dead, it will stay for long,people like to say this when the price is dropping hard nothing thinking its because of the volatility of crypto currency and it will go high back..
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