Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.
Yeah I highly agree, government taking part on the Bitcoin economy will surely change the course of Bitcoin. With government being involved, the freedom we are experiencing will possibly suppressed. Government will implement laws and guidelines that will contradict the decentralized nature of Bitcoin and won't align with what is naturally intended.
I also think that the government see Bitcoin as one of its milking cow since its industry shows gigantic growth over the years and they (the government) wanted a piece of this industry. The government join in because there is money to make and not to pursue on what the creator originally intended.
~snip~
Enjoy the gains, but don't lie down with the enemy. Stay alert and keep an open mind. The government is not your ally.
I think you are a little late with that advice, but even if you had written it 10 years ago, most people would not have listened to you, so it doesn't really matter. For most, it doesn't matter at all who is a friend and who is an enemy if it brings profit. My advice is to sell only what you have to, because a bunch of fiat is just a bunch of paper that can become worthless at any moment - the truth is the same can happen with BTC, but I would still risk it with my own
bank rather than theirs.
Well, only a few people are concerned about the decentralization, full authority, and freedom Bitcoin gives, others are just passersby and just want to have profit so they don't care whatever path Bitcoin will take now that politicians and government are involving themselves in the industry.