The government is trying to make everything under its control, the banks control all the money, and the government controls that banks.
Blocking or restricting is a feature of anything new, new things need time to accept.
The Internet has been a tool for freedom before, but now there are a lot of restrictions on its use, and this will happen to cryptocurrencies.
I do not know why people tend to be controlled? But this is a present trait.
The government has always been in control right from the onset, and something threatening to take that control away from them is absolutely expected to generate concerns for the government.
Policies are formulated daily at the expense of the citizens, monopolies have always been a norm, and all these is a way of them trying to make just themselves and some few sections rich so they can always gain control of how they want things to be, and that is where the whole idea of decentralization is hitting them as that control could be taken away from them.