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 indeed one of the reasons why governments doesn't allow bitcoin be legalize in their place. If they accept bitcoin as a digital money, they will lose control in publishing paper money or so on. No one in the sane condition would allow something to grow if they don't have control over it. Another one is you can go anonymously in here. The transaction is also difficult to tracked down.