Some countries do not like the bitcoin as it can destroy their own economy due to that they do not want it in their own country..
Bitcoin cannot destroy the economy, since bitcoin is money then it is the opposite, bitcoin was created to help the economy to flourish by offering a new version of money that is the most practical yet devised by humans what it can do is to limit the power of governments.
Limiting the power of governments on controlling their own economy because of bitcoin is becoming their primary currency is indirectly destroying the economy. If bitcoin becoming just 2nd option or an alternative currency then it's definitely fine but different if bitcoin is really dominating the whole economy of a country and government can't do anything, there might be many criminalities occur due to this case and probably people will take advantages of each other
I agree. Governments always want to control the economy. Some Governments have realized that they cannot shut down bitcoin
easily as egold and alternate currencies that were developed before bitcoin.
So they try to bring in regulations and tax on bitcoin to discourage people form dealing with it.
it seems the government does not earn anything from the bitcoin, because bitcoin is purely of transactions that we do, as do so directly. besides, most people who hate bitcoin liked it, but I think the government made a big mistake to specify a bitcoin of a country.