It's funny how bitcoin is making the government of some countries look stupid. They make a bold statement and still return to their vomit. They make laws against bitcoin and they break it to re-make another. They keep going bac and forth. But the good news is that bitcoin cannot be banned. According to you, they ban you from using it.
If the government of my country turns to be bitcoin toxic antagonist in the future, I'll just consider to relocate, just like China miners did in 2021.
Every year we hear news about a different country banning Bitcoin. This has become routine news.
Decision-makers make laws for their own interests, not for the public good. If there's a ban, there's usually an interest group that benefits from it. Some countries even change the rules in ways that let oligarchs profit both when they ban and unban Bitcoin.
You take governments too seriously. At the end of the day they're just a handful of interest groups looking out for themselves. They don't really care about the people.
I cannot agree less. It happened in my country and when such decisions are made, a few interest group benefit. The government do not really care about the people, if they care partially, it is not the government of my country.
When it mattered most, it was prof Osibanjo who made a bold statement in my country about bitcoin and crypto. He said, "instead of banning crypto, the country should find a way to accommodate it because it's an evolving technology; that no one knows the pregnancy that carries the king". His words were disregarded of course.
