What "IF" the government takeover or regulate the bitcoins??. What well happen and it's effect??
Uhh? I think you must read news and current events online regarding bitcoin you are missing out. The Governments around the world are trying to regulate bitcoin by setting up rules and regulation in exchanges such as identity verifications and stuff so, your question is already happening in many countries around the world.
Takeover?No.Regulate or ban yes.Regulations are not so bad,make it safer for all.I wish even more regulations and inspections ,checks about all those new ICO´s out there.
ICOs and bitcoin were not related to each other so, if you want to talk about ICOs go to alternate cryptocurrencies section this is only for bitcoin related issues okay?