I'd rather live in a country where people can gamble their money than have the government coddle us, and wrap us in bubble wrap yelling to us that we can't use Bitcoin, or Monero, etc.

He doesn't have to do anything for Bitcoin, he could tax it for all I care but that is preferred over the other side who wants to completely BAN it.

That being said the ideal situation is Cryptocurrency fully legalized, and untaxed.