The mayor of Miami is pushing hard to become the bitcoin capital of the US. Putting up billboards in Silicon Valley and trying to woo bitcoin businesses to Miami.
The latest trends through the end of last year was the Sinaloa cartel was using bitcoin to launder money. All the Latin American cartels are getting into it.
I would hate all of this if I was a large BTC holder.
The intersection of Miami, the money laundering capital of the world and the cartel money, is a marriage made in heaven for corruption, but hell for some eventual action against bitcoin.
All you need is for one terrorism attack to be funneled through bitcoin, and money laundering to become more prevalent than it already is, and then you get some administration that wants to kill it, they’ll have reasons.
The banks and Musks of the world make it harder to kill with lobbyists and politicians, but I’m sure there are traditional powers that be that would like it killed.