The US government and the cryptocurrency market are having a lot of ups and downs, and it seems like they're headed towards a very important conflict. This conflict will determine the fate of many people and companies involved in cryptocurrency. They might have to shut down or move to a different country.
How much we may belittle the government and praise the anonymous and decentralized governance in crypto, what we must realize is if government specially the US really cracks down on every form of crypto, the adoption of crypto would reverse to the extent of de-existence. There would be some crypto being traded between a small shady group of people but the normal people, traders and investors would not use it. So, we should appreciate the governments around the world that are letting this technology for economic freedom flourish which outright going to bring them larger challenges.
