What makes a government powerful, the economy they've developed. This happens through various sources, and through different law enforcement that benefits people as well as the government. This lets the entire country to obey anything and everything put forth by the ruling government broadcasting their majority. When everything happens through the decentralized means the importance of government will get affected. This is the understanding, but I believe governments won't miss their importance if they're doing right things to the people. Just on two factors such as terrorism and unable to tax the users government finds it to be a threat.
The cryptocurrency today is one of the highest prices in the market and by this many people caught by the news came from other people that they've got a lot of money by using this currency. Even another country now are adopting the use of cryptocurrency because they saw the potential of it that can give a lot of money and improvement in their transactions if they use this, we are now heading towards to the development of the community. Cryptocurrency is a money that converts into digital currency and supported by different coins like bitcoin, ethreum and other alternative coin that can gives profit depends on the market. But in some reason, the government in the other countries does not accept the use of cryptocurrency because in many reasons like the real information or the kyc. It is better to be safe and recorded all the transaction today because there is a lot of scamming and other crime uses of wrong or other information so the government cannot identify who and where is the money came from.