Part 12/15:
Regarding government stance, the guest observes that some countries, like China, have effectively banished Bitcoin, yet activity persists via underground channels. He notes that regulatory crackdowns often backfire, as in China, where Bitcoin remains widely used despite prohibitions.
He also suggests that banishing Bitcoin might indirectly strengthen it, as restrictions reinforce its decentralized nature and appeal to libertarian principles. The fact that Bitcoin's network continues to grow, even amid regulatory hostility, attests to its resilience.