Why Government does not like crypto?

[malicoin]

i  think the most  important reason why government does  not  like crypto is because it is  going to  make unreal their plans of taking more money maybe or stealing we can say.

[white_star]

i  think the most  important reason why government does  not  like crypto is because it is  going to  make unreal their plans of taking more money maybe or stealing we can say.

Government abandoned crypto because they believe that it's powerful to replace what they supported which is fiat money .I believe that if they are able to accept this fiat may diminished as possible .

[Viklopot]

I believe that the main reason for the ban by the governments of cryptocurrency is that they can not control the cryptocurrency

[otunayode]

I don't see reason for dislike of cryptocurrency either by government or individual or group! Cryptocurrency intend to make things easier and faster in finance, business and in economy! Cryptocurrency is making lives better and it should be embraced!

[Bavaria]

I don't see reason for dislike of cryptocurrency either by government or individual or group! Cryptocurrency intend to make things easier and faster in finance, business and in economy! Cryptocurrency is making lives better and it should be embraced!

Well, The head of the Bank of International Settlements absolutely disagree with you.
'Stop Trying to Create Money' - said BIS Chief to coders 
https://www.coindesk.com/bis-chief-says-stop-trying-to-create-money-in-new-crypto-critique/

[warcarft3]

I think this is related to their technology. They are not ready to issue their own cryptocurrency. In addition, the cryptocurrency is just beginning to be very unstable. They may want it to stabilize.

[malading]

How could it be that the government does not like cryptocurrencies, which is definitely a fake. The reason why the government rejects cryptocurrencies must be that it is very dangerous and not suitable for all investors. This must be considered for their people, and the cryptocurrency market is just beginning to be filled with too many risks.

[jeronimosuykens]

I believe that the main reason for the ban by the governments of cryptocurrency is that they can not control the cryptocurrency

Yes, this is the main and most important element, I have the same thoughts as you. Since the electronic money is too large, the knowledge of each person is different, they can not control all the new ideas and inventions of the world of technology, so they will not be able to manage all. cryptographic password

[indobitcoin.tk]

banning of many countries about the risks because certainly crypto can be caused. prices are still vulnerable to fluctuations will be one of the cause after that Crypto was rejected in many countries. Maybe the system transactions are good enough but on the other hand this could be abused in the black market transactions and of course, the Government very forbidding it.

[h31s3nb3rg]

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

I think the main reason is that they don't know how to regulate it and it seems new for every government so they choose to ban it or avoid it instead of supporting it but if they know the capabilities of cryptocurrency,  I think they will starting to like it. 

[nonbody]

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

Because cryptocurrencies have broken their long-standing order of financial management, the traditional financial industry has not benefited.

[akeda]

Maybe the government has its own opinion on this matter, because cryptocurrency is considered to be detrimental or not, but it is true that the government does not like cryptocurrency with opinions that are different from each country

[demonz666]

I think this topic has often been discussed. most governments don't like crypto because:
1. they are afraid that cryptocurrency can replace their national currency
2. Cryptocurrency is anonymous so they fear crypto will be used for illegal activities such as washing and funding terrorist activities.
3. then they are also afraid that cryptocurrency is only a bubble that can erupt and cause losses to investors.
4. and according to them cryptocurrency can also disrupt their banking system because people prefer to invest in crypto than at the bank.
maybe that's the reason some countries reject cryptocurreny.

[ice098]

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

Because cryptocurrencies have broken their long-standing order of financial management, the traditional financial industry has not benefited.

The main reason is they cannot control it and also they don't like crypto because of the disadvantages of cryptocurrency, like it can used in illegal activities. But even government don't like it many people are getting involve to it because they give lot of opportunity like earning a lot and getting a lot of profit by using crypto. I think government will never be liked crypto because they are not same especially in their laws.

[lorapalmer]

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

Cryptocurrency is very private, untraceable, and out of the government control. Thats why they don't like it. Government better embrace crypto currency and tax it instead of banning. They can't stand against the growing amount of crypto users.

[vigos]

Most governments that don't like cryptocurrencies are because of their economies. We know that many countries' economies are centrally controlled, but cryptocurrencies are decentralized!

[Lan75]

I think this topic has often been discussed. most governments don't like crypto because:
2. Cryptocurrency is anonymous so they fear crypto will be used for illegal activities such as washing and funding terrorist activities.

If crypto will be used to financed illegal activities such as terrorism then those who are doing it are idiots. Cryptocurrency can be traced and they will be caught if they do so. This reason is not true why government don't like crypto.

[Pamahaw]

Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?

There are governments who don't like crypto and their reason is that they want to protect their people on falling to scam and fraudulent act resulting in the lose of money. They are warning their citizen the risk of engaging in cryptocurrency. They are not all against crypto, they are after the welfare of the people.

[Cat Coin]

In fact, the answer to why world governments do this is on the surface. What is the basis for the functioning of any digital currency in the world? First of all, complete anonymity and decentralized management.
Each user is relatively free to manage their finances in a non-traditional public system. At the same time, not only within the country, but also in the world as a whole.

[javainn]

in some news, many governments do not legalize crypto because crypto is deemed not to have a clear legal basis, has no basis and complete origin, this is just a matter of pump and dump prices that make bitcoin become expensive. On the other hand crypto can threaten the country's physical money which is feared by the government why it doesn't like crypto.