One day, holding one bitcoin will make you a millionaire.

[NewLiberty]

Bitcoin is resilient to software and hardware advancement

Even if that were true, what about resilient to government?
Maybe they can't actually shut down the BTC network, but they can criminalize it, and disallow legit businesses from using it.
Then it becomes nothing more than another failed idea in the history books.

Resilient, yes.  Not impervious.
Foreseeably governments may restrict activities within the geographies under dominion.
Though they benefit from not doing so, this makes it less likely.

[Crypt_Current]

Bitcoin is resilient to software and hardware advancement

Even if that were true, what about resilient to government?
Maybe they can't actually shut down the BTC network, but they can criminalize it, and disallow legit businesses from using it.
Then it becomes nothing more than another failed idea in the history books.

Resilient, yes.  Not impervious.
Foreseeably governments may restrict activities within the geographies under dominion.
Though they benefit from not doing so, this makes it less likely.

Possible to restrict; impossible to prohibit.

[NewLiberty]

Bitcoin is resilient to software and hardware advancement

Even if that were true, what about resilient to government?
Maybe they can't actually shut down the BTC network, but they can criminalize it, and disallow legit businesses from using it.
Then it becomes nothing more than another failed idea in the history books.

Resilient, yes.  Not impervious.
Foreseeably governments may restrict activities within the geographies under dominion.
Though they benefit from not doing so, this makes it less likely.

Possible to restrict; impossible to prohibit.

Just like prohibition ended alcohol?  It may get prohibited somewhere yet.  These are still early days.
If it becomes illegal within a geography, that is another good sign that you don't want to be in that geography (probably not the only sign).
Bitcoin provides an additional level of economic resilience beyond what the state provides on its own.  This lessens the burden of the state and makes that geography more productive.  Places that choose control to their own detriment are not so healthy.  It is a sign that they already feel out of control.