There are so many sides to this and so much depth and conjecture to what is happening, what could happen and more importantly for us all, what will happen in the long run.

A senator in my country (Nigeria) stood up one day during plenary and faulted cryptocurrencies that "he loves using his hands to count his money". And coupled with the fact that for cryptocurrency to be widely accepted and a legal means of payment in a particular country, it has to go through legislative scrutiny. So imagine a bill on cryptocurrency coming into the floor of the Senate and meeting with senators like the aforementioned? i would confidently say that it would be strongly opposed.

Cryptocurrency has so many advantages but its success is still largely dependent on some big wigs and i feel it might take time for cryptocurrency to be widely accepted.

my thoughts tho.

thanks for sharing @tarazkp