If government can fully control cryptocurrencies why are they trying to build their own digital currencies? Why is china and central bank aiming for separate coin for their people? Of course they have no control here, bitcoin is decentralized and so are many coins, anonymous coins are designed not to be tampered with or control, that is a good real use case don't you think?
Governments just want to use technology, they have a hard time controlling decentralized currencies
Do you have any evidence that the government will control cryptocurrencies?
As far as I know from the very first days when cryptocurrencies appeared on the market, governments wanted to control it but they didn't succeed. Cryptocurrency users are ubiquitous in the world and there is no government that can control them.
you are right. They have no control, so they figure out ways to ban cryptocurrency transactions
I think the government doesn't ban cryptocurrencies, they just ban the use of cryptocurrencies as a means of payment.
A friend of mine in China said that he could still buy and own cryptocurrency, but he would break the law if he used it to pay for any kind of item.