Governments of many countries are practically declaring war on cryptocurrencies.
Why is that?
Governments dont understand Bitcoin and want to control it. It is true that Bitcoin and other cryptocurrencies will be disruptive to banking as we know it. This makes them want to hold Bitcoin back. Governments also want to make sure they get their taxes from us as well.
Yes its true! All the government wanted is for everyone to fairly pay taxes. Most especially that the system is not familar with them. And maybe they hear feedbacks of bigger amount of transactions here. They may be doubtful of what might be the transactions here, legal or illegal. What happens here is out of their control. These are just ideas of mine, how about yours?