We saw so many news that bitcoin ban this country those country did we think why? if we see government ban bit coin and then they plan to open their own crypto currencies .
how you see government are doing this and what are the reason i believe government are kind of scared of bitcoin to take over them they can not control our money.what would be your thought behind banning bitcoin? and after math?
Governments are scared of cryptocurrency for sure, it's a competing store of value and means of exchange in opposition to their fiat. Governments can manipulate fiat to meet the goals and expectations of the society or the leadership, but bitcoin is more tied to supply and demand. This means that corrupt countries will want to ban it and socialist countries will seek to infiltrate and control it.