Central bank Governor of Spain has told the cryptos bring more risk than the benefits to get. but I believe on more risk more gain theory. If you can not trust crypto, you will not be able to see its value. Risk is associated with all kinda business. It just has to be calculated properly that which one would be profitable for you.
please share your thoughts in favor of mine statement or against.
Banks and governments will always be against crypto since people's faith in fiat money will be affected. Crypto currency also bypasses the banks and governments will have difficulty knowing how much money you own since it's not tied to your name.
The shift to crypto currency will take time/years but eventually more and more people will trust cryptocurrencies.
They just need to be educated that you can be your own bank and you are responsible for safeguarding your crypto currency wealth.