Quote from: oHnK on Today at 05:13:54 PM

Quote from: Natalim on Today at 02:07:31 PM

However, not all people agreed to this because even the government considers crypto a threat to all people particularly with bitcoin which is always involved in different ponzi scheme.

Actually everyone can accept BTC and Crypto well if everyone has a good level of financial literacy, regarding the government not supporting it is a natural thing because with the existence of crypto with a decentralized system, their authority is reduced. Without absolute power from the government or they lack power, the people will not be subject to their rules. The disruption that exists in the development of Crypto is very large, but it is actually a solution to our broken monetary system.

Governments will say they don't support crypto currency because its volatility, which may cause their citizens to lose their investments' value after a crash in the market, what will prejudice the country's economy in this case. However, what govenments don't mention is that their own fiat currencies are causing exactly what they most fear about crypto currencies, in lower doses.
I mean, people are losing their money's value year after year by holding it in fiat currencies which are considered "safe" by governments and there isn't any self-criticism regards this matter from their side.

Crypto currencies might fail at some point, but they are better than fiat currencies that are already known for being a complete failure on long run.