Which clearly shows that US government is trying to ban actual crypto usage but allowing ways to profit from its price movement. Neither the ETF, not the option will allow a common user to own actual cryptocurrency while the business houses will own them in the background.
A big conspiracy is ongoing to control the world of crypto.
Because governments don't want to prohibit their citizens to spend money as it is their resources of tax. Citizens spend more, governments will have more money through tax.
Actual usage of cryptocurrency is different than trading to get profit because it is related to privacy transactions and business deals, governments will not be able to trace those deals and money flows that consequently will cause them losses in tax resource.
I believe governments globally will allow Bitcoin and cryptocurrencies but they will try to do more restrictions on privacy, enforce KYC to have better money flow trace.
