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.
Of course, government is not in favor of cryptos. They can't control it as being decentralized but they can only regulate it. Most of all, it will endanger the life of a fiat as more people will patronize cryptocurrency because of being digital, easy to transact, less cost on producing and transparency.