Ok so there are people who say that crypto is decentralized and cannot be controlled by the government. How can this be true when the government can shut down the companies where you are able to buy, sell, or send crypto? What do you guys think? Do you all think that crypto is truly decentralized and cannot be controlled by the government or can they?
governments are only authorized to exercise crypto control in their own country. the government of a country does not have the right to control crypto globally. I think it's natural because every country has different rules and views on crypto.
To every action there is always counteraction . Even if the government declares operations with cryptocurrency illegal, there will always be a way to implement the exchange of bitcoin for fiat,because a lot of funds have been invested in this asset by whales and corporations. The capitalization of bitcoin is more than a trillion dollars. Therefore, the governments of countries should better legalize operations with bitcoin and just get taxes from it.