I think Digital Currency like Crypto isn't getting much popularity because of these Scammers.They are one of the most strong reason why Government's aren't showing interest on Crypto Transections.
that might not be the reason why governments aren't showing interest in crypto , well scams are not new and there are way many scams in normal fiats published by the country ,
we cannot say that a currency is bad just because a scammer used it to scam someone
there are more reasons like the decentralized nature or the fluctuating value but no this for a government to fear crypto or to avoid it .
All the cons that we do able to see are really on crypto but we cant really just ignore on whats its cons because the demand justifies itself on how good and beneficial it is on some aspects.
One of the main reasons on why government do hate up bitcoin or crypto is just because of being decentralized and thats totally opposing on what they do like which it is normal for them to
have that kind of impression.
Scammers been using that characteristic for their own advantage which do really sucks and one of its cons.
Scammers will always find a way how to screw other people, whether fiat or crypto.
But one thing that the government is hesitant of is the decentralized nature of it.
With this nature, they can't get a hold of the full picture of what's happening in this system, thus, receiving hesitations from their end.
And now, these scammers are finding this a very good option, whether to launder money or scam other people, because they can transact fast and anonymously.