Re: Why are the world’s governments not using cryptocurrencies?
I always have different thoughts on this subject to explain the situation Why governments do not want to use cryptocurrency. One of these explanations for this situation is to protect their citizens from possible losses that they cannot affect. As always, people try to earn a lot of money, while not making any effort. Of course, the cryptocurrency market conceals very great opportunities to become a rich person, but no less dangers are hidden here. The cryptocurrency is unstable and because of the huge risk, the government does not want to take risks about this.
Cryptocurrency is an individual choice of each. Even if the government accepts crypto, it does not oblige you to participate in this. Compare crypto with gambling, why is the first dangerous when the other is allowed? It seems to me that a deny of adoption of crypto by the authorities consist in a risk to the government, crypto cannot be controlled unlike fiat assets. No power - no influence
