* Growth of business for entrepreneurs as it is easy to transact with American, European, and Asia countries with a low transaction fee
* It has helped in creating employment through mining, blockchain development.
* Cryptocurrency has helped mitigate the effect of scarcity of banking structure. Cryptocurrency transactions can be done anywhere as long as there is an internet connection. Some see cryptocurrencies as vital protection from government repression.
the real state of things here is that the government knows that it's only in using other cryptocurrencies maybe through that they have have control over it except for bitcoin because they still maintain their stand that any system that does not got centralized through them is not recommended by them to go after, that's why you will discover some countries now introducing tokens and other coins aside bitcoin that can incentivise their plan.
Another issue is the volatility of crypto, cryptocurrency is subject to unpredictable changes in the marke
this is one of the reasons why altcoins are discouraged sometimes because they are more sensitive to volatility than anything else, while times like these are the real exposer of those shitty coins among them to go down and never comes up.