I totally agree with Michael Saylor's statement.
In fact, if the government can't regulate Bitcoin, they will be forced to stop it. Because no government of any country would want to let their people go unchecked.
So, in the interest of adopting Bitcoin Vastly, its regulation is very important. But I think no matter how hard the government tries, regulating Bitcoin will never be 100% effective if the people don't want it. Because you know Bitcoin is creatively pseudonymous.
they tried to regulate gold. didnt work
they tried to regulate alcohol. didnt work
they tried to regulate drugs.. didnt work
all they can regulate is businesses that use such things