Regulations, like the infamous “BitLicense” being proposed in Ne York State by Ben Lawsky, may be the current financial system’s ace in the hole. If you can’t beat Bitcoin, make it illegal, or useless, through regulation.
Desperate people do desperate things.
What this dying legacy banking system needs to understand, is that their attempts are too little, too late.
The genie is out of the bottle.
And, if the USA wants to go that route it'll just make their growing list of enemies more interested in participating to some extent in something which is a negative to the USA. In the end, my guess is that the elites will want it and they'll make it seem like garbage to the masses, if and when they report on it, to the point that when the price takes off - very few of the fiat bagholders will be in a position to buy any meaningful amount. Let's face it, the elders and those nearing retirement are the ones in this country (besides elites and their sidekicks) that have a nest egg of sorts while the majority of people whether working or not, are living paycheck/welfare check to check. Those people will likely be locked out of gaining value out of a growing Bitcoin except that they'll likely want it to buy things for cheaper or for things that only sell for Bitcoin in the future.
