It should indeed be both - and it must (remain) decentralized, unregulated. Let the people/market decide how to use it.
However, reality is different. 70% BTC of the market is mined and controlled by the Chinese government - who are no friend to free market and independence. The US government funds a special organization within MIT that will lead to a coin split within 2 months due to the implementation of a softfork. There goes BTC? I don't know.
The most important aspect for me is, keep governments out of peoples business. Period.
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It's not the Chinese government though unless you have some information to back that up?
Good article, btw. I base some of the info on this article by @clearshado, although my number is actually wrong. According to this, 70% of mining equipment is Chinese. A much greater percentage is the stake of Chinese exchanges in BTC.
The rabbit hole is deep. I don't claim to understand it all - and this is due to the fact that data are missing. The more data we have, the more accurate the conclusion we can draw.
How's Manchester treatin' you?
It was awful. Roadworks got me stuck having to make a massive detour. Was dawn by the time I got back and absolutely exhausted!
Main thing you're home safe !!!
Happy Independence Day Weekend!
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Same to you mate! Now I just have to gradually make it through all these comments!
I know - good thing to do - :) And now you have two accounts to mend... Woohuah... Bizzy