I think eventually the people in any country will only want to support and invest in a cryptocurrency that's truly free from government manipulation. But everything that happens with cryptos, with blockchain technology, serves to raise awareness about this stuff to more people, which is ultimately what will free humanity from the system.
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I agree. In the least, what this is doing is making people even more AWARE of crypto. Government make thing it's taking control of crypto, but it's actually just introducing it to the masses. It's a short-term bandaid move on their part.
Thanks for the genius input :D you deserve an upvote!