Quote from: STT on October 12, 2018, 09:22:36 AM

It could be argued everything is a possible threat to government because not everyone votes or supports what a government of a country stands for. The base line is the government power only comes from support of the people. If a standard or utility is derived from this technology that benefits the people then its fair to assume that support and benefit will be passed on for support of the government which allows and encourages that technology.

I really have to disagree then for most advanced progressive countries they look towards technology as something which creates wealth for their citizens and enables a work saving economy beneficial to all. The majority of governments do not see crypto as a threat even in USA where I expected opposition as they required the financing of dollars to service debt, most in politics seem to realise crypto is very popular with the people and not a threat overall. The bad press mostly comes from just general apprehension of change I believe

In my view there are some factors that governments do not want cryptocurrency to be prevailing in the world. One is this that crypto is not good for economy, second it is not centralized, third is this that it is not guaranteed and finally they fear that cryptocurrency is widely used for illegal activities. This is most dangerous thing for governments.