For a justifiable reason: governments would prefer not to see contending monetary standards. They debilitate their imposing business model to make cash and control the monetary framework and the economy.In reality, the reason China is the primary huge government to make such move isn't a mischance. China more than some other nation needs to have firm control of its managing an account framework, and distribute credit as indicated by a political plan. This implies a contending money like the Bitcoin would debilitate its political framework.