Though i approve of the positive growth and excitement around bitcoin and other crypto currency by the beautiful community, there is mild concern regarding the future growth and the approval from governing heads to keep it sustainable. This fear is still alive even if you dismiss it for now.
We need mass approval to keep this engagement sustaining. How are we going to do it.
Do we have any guidelines or suggesions to avoid this uncertainity
Jut wanted to hear positive words from you people.
It's true that uncertainty is still there in the market, but amidst this uncertainty, the growth of bitcoin's market cap and price has been phenomenon and going strong till date. I don't think any government will have the power to ban bitcoin entirely because there are many positive changes that has come with bitcoin. A lot of people have found an alternate profession with bitcoin and they are not looking for jobs outside. That number is huge and every government must factor in that number before taking any drastic step against bitcoin. Banning bitcoin will only add to the present unemployment situation and worsen it. I don't think any government will take such risk.
Instead if governments start legalizing bitcoin and related business in their country, its revenue will grow. I believe bitcoin community will not mind paying a little tax on their earning if the government legalize it. IT will be a win win situation for both. I have already started adding the income from bitcoin in my tax filing since last three years just to be on the safer side.