I always wonder what might be the reason of centralised authorities not accepting the power of Decentralization and then found the reason,if so decentralization becomes the only means for the transactions then most of the regulators and authorities might be jobless and so they are putting maximum to let down this technology by creating a hype that all the crypto currencies are scam and you can making nothing out of them investing,so we Crypto enthusiasts need to put our maximum efforts to empower decentralization .
That could be one part of the equation but their main concern should be decentralization eliminates third party i.e banks, so imagine the profits they're going to lose in case they allowed Bitcoin to flourish in the next 10 years or so. That's why they wanted to at least minimize or cut crypto as early as today so that they're profit making scheme will continue and not giving the people any options. So that's how monetary system has been doing to us for centuries, totally enslaving us.