The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
No, I think that such a reasoning is wrong. Politicians are not afraid of the fact that the crypto currency will stop corruption. Crypto currency is not able to destroy or even reduce corruption. Corruptionists on the contrary, it is very convenient to use crypto currency to get bribes. The fact of committing this crime will be very difficult to prove in court. Therefore, if politicians are against the introduction of crypto currency, then for other reasons. First of all, they are afraid of losing power because of it, because the loss of control over the movement of cash flows will unambiguously lose power.