I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !
BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?
I do despite all bad things that goverments fear from cryptocurrency, i believe there is several point that makes cryptocurrency is a good things and considered as developments of fintech.
I think they're just afraid of him. Of course, because the blockchain can bring down the entire world banking monopoly.
yes or they can use it to make banking system stronger and i think they will use it eventually.