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Reasons Governments Hate Cryptocurrencies
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[QUOTE="Ithedicious, post: 252937, member: 73248"] Even though cryptocurrency generally is decentralized but this does not mean that government cannot regulate cryptocurrency . So many countries are regulating cryptocurrency and because of this all investors have certain rules and regulation they must follow before investing. Generally I don't know the reason for regulation of cryptocurrency but whatever the reason may be we also have to understand that most government do not like cryptocurrencies . This is very true. Apart from the two you have just mention , one of the most important reason why government do not like cryptocurrency is the fact that so many people are withdrawing their fun from the banks and other financial institute to invest in cryptocurrency which is an online decentralized system that does not in any way add value to the economy of one's country. They just believe that if people keep on investing in cryptocurrency they will be a time this might affect their economy , hence they consider cryptocurrency as a threat or agents sent to destabilize the economy of one's country. [/QUOTE]
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