Part 11/14:
One of the most pressing concerns among Bitcoin advocates involves government interference. The possibility of outright bans, like those attempted in India or potential actions in the U.S., could cause short-term volatility. Nonetheless, the vast distribution of Bitcoin holdings across institutions and individual investors makes prohibitively banning or severely restricting the asset unlikely in the long run.
The conversation also touched on the importance of regulatory approaches focusing on taxation, compliance, and institutional restrictions rather than outright bans. Such policies could slow adoption but would not eliminate the asset's network effects or global accessibility.