One of the Major Reasons why some Government sees Bitcoin as a threat to their country is because people might use it as an opportunity against some other people who wanted to earn and make a living. Just recently in the Philippines a couple was arrested because of scam, they uses a pyramid scheme and baited people to invest via electronic money. It started when Bitcoin is at its hype, giving them the chance to use it as front.
For our safety and security, please read this article and be aware.
https://www.rappler.com/nation/199915-filipino-couple-amasses-millions-bitcoin-scamHope this could help everyone and let us be cautious. Earning money is not that easy as what other think of it. It requires patience, dedication, determination and focus to reach your goal.
Many people dont fully trust bitcoin industry, it is because they believe it was a scam.And because of some instances, many countries bans bitcoin for they are scared to be scammed and they would just think for their money and own safety.