Why all the countries hate cryptocurrencies ? Why they hate us making some money? They want us to be dependent on them for everything and if there is any opportunity for us to rise then they block its path. Same restrictive policies might be applied to our financial system, and that would be very damaging to all of us.
Let me Guide you about it.First of All why we need crypto?
Simple answer without any technical words to transfer a large amount of money with low cost. To store money in low cost.
Other aspect i am excluded as we all know.
Why Government hate crypto?Real reason is that Government in otherwords some Powers who want to control Whole world don't want to flow Money freely because money is only aspect by which they can control each an everything of our life.
Reason Governments Use (Lame excuse) That if no body will control money then it may goes towards terrorist and Black market it can fixed by proper policies.
Why we need crypto?We want free will to control our assets to freely invest. We want secure degitlize and Fixed Valueable money which is crypto. Because of fixed supply. We want that our money should hold More Value in future as compared to today but in real world its not possible due Unfixed Supply of money.
The point is not of earning some money point is our money our rules means frewill and non devalued money .
Thats it in simole
Very well explained.
Let me explain little bit more.
Government hates cryptocurrency because it can be used for.
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And some points are also here.
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I may be wrong.