RE: Turkey bans crypto purchases
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I am sure more governments would like to make similar moves, but for the time being their monetary supply is still mostly in their control and economies are doing ok, no need to panic.
Just like in 1934 the US Govt tried to make it illegal to hold GOLD because it threatened their ability to control the money - they may make similar moves if the economy starts to crumble - only this time, they can't take it.
Governments are always in the business of increasing its size, power, and control. Any step backward is viewed as a threat, but with crypto - they are facing a tech revolution they are not able to fight. Their only move will be to regulate it more, with the fiat to crypto on roads being the target for individuals. Of course the big money players on wall street will be able to do what they want.
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Even if it is to sound weird, the big players with their new interest in crypto might be the key here, as with them, crypto can't be blocked or ignored any more.
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