I am thinking this from long time.what is the problem with this.it has lot of benefit like instant transfer any where in the world,less transaction fee,no need to exchange,ONE CURRENCY ONE WOLD.
Then I came to conclusion that this is all because of control.If gov support the cryptocurrency then he loose the control from monetary policy.it can toppel the gov,BECAUSE money is ultimate control of the politics.
this is my opinion ,Am I right or there is any other reason??
That is the main reason why some the government does not allow cryptocurrency in their political jurisdiction. Accepting cryptocurrency is not a simple matter since there may be negative impacts on the society especially on financial sector and the economy. Another thing is that cryptocurrency enables a person to be anonymous hence it may be prone to be used by criminals and can be a tool for money laundering. But some countries have accepted bitcoin and cryptocurrency after a thorough study and after establishing some regulations to protect the investors and the economy of the country.