Many countries are trying to stop bitcoin trading and they have banned cryptocurrency from the country. But why they are doing like this? Where people are going to rich by Bitcoin, They are getting huge benefit by its. Then why government trying to pull down Bitcoin? What is the main reason? Please share your thought.
Thank You
Because bitcoin is decentralized and anonymous, the government cannot control bitcoin. They believe that the development of bitcoin will affect their control of the national economy. The government can't benefit from bitcoin.