Similarly in my country, A Government Official is warning us on investing in Cryptocurrencies since it is not Secured and unregulated. I'm doing my research on this since I'm new. Unless there will be huge fines imposed by local governments, I do believe that cryptocurrencies will continue to prosper. I watched BTC rise up in value, Well I did invest in the early days but was scammed so I really did get frustrated and refused anything related to cryptocurrencies. Looking at its value now, its really regretful that I closed my mind on this. Still, need to watch out for Ponzi schemes that is riding on BTC. I'm rooting for Ethereum. Good luck to us.