In a recent speech at the annual PNWER meeting held in Montana, Neil Kashkari, president of the Federal Reserve Bank of Minneapolis, sharply criticized cryptocurrencies, stating that "95 percent of cryptocurrencies are fraud, deceptive advertising and noise," and he also said he had a more positive view of cryptocurrencies in 2015. Kashkari also referred to the large number of altcoins and called them "garbage coins."
No wonder investors say 95% of the many projects launched are scams, this is not the case with crypto as a whole. There are so many memes of coins on the market that are no longer actively traded and various parties that come up with the idea of crypto to recruit investors to invest where they end up being scammed, experiences like this make me think crypto should be monitored by the state. However, it is highly unlikely that cryptocurrencies are controlled by the government. 2015 sounds good about crypto, everyone feel comfortable to invest in launched project. Hopefully that happy year can come back for comfort in investing.