We are in difficult time that the economy is really affecting both the rich and the poor. I think this is not the time for government to be hard with the regulation of cryptocurrency. In this hard time the government are even helpless to support the common people from inflation. This is the time goverment needs to allow people to help themselves in one way or the other on how to do things freely. Cryptocurrency trader and investors should be allowed to trade and invest cryptocurrency with ease, without any form of restriction.
If you can’t make the government have full control of your assets in cryptocurrency, what you’re clamoring for will never be achieved and it’ll just be a waste of time call to the government. Government have made it known that they can’t be on the same page with a currently that tends to compete with theirs without them having the full control of it. They want to know your holdings, how you spend them and how you receive them. A third party initiative is what the government wants and with the decentralized nature of bitcoin, it becomes impossible for them to achieve that.
