cryptocurrencies are so good, so why are so many governments don’t like it?

[Confero]

This decentralized cryptocurrency is the main reason why many governments don't like it. Because the government will not be able to control and supervise the perpetrators of Cryptocurrency who carry out activities here.  But I am of the opinion that in the future more governments will accept Cryptocurrency in many countries.

[Luckyperson21]

Let’s start this discussion again.
snip ~

You should shorten the results of the site you provide below. In my personal opinion (because I didn't read your statement), why does the government reject cryptocurrency or rather blockchain, because of tax issues. Assets that we save must be taxed. Therefore, it is possible for some people to hide their assets in cryptocurrency, so that their many assets cannot be traced.

[Altcoin1998$]

Many countries governments don't accept cryptocurrency because they don't control bitcoin over fiat money. Their banking system don't allow cryptocurrency Due to money laundering via cryptocurrency. But some another issue is government don't get any benifits from cryptocurrency.

[moonuranus]

On what country do government hated cryptocurrency? in our country it is fully welcome and is being used by many of my fellow countrymen without any restriction, it might be hated by some governments because they are not being regulated yet in their country hence will not be any helpful in the growth of a country.

[Zemytha]

On what country do government hated cryptocurrency? in our country it is fully welcome and is being used by many of my fellow countrymen without any restriction, it might be hated by some governments because they are not being regulated yet in their country hence will not be any helpful in the growth of a country.

Just so you know, there are still some countries that still prohibit cryptocurrency. Especially in 2018, China was the one that banned bitcoin that year. But for now, it's starting to open to cryptocurrency. The state also prohibits crypto because it is feared that fiat money will not be in demand / there is more digital money circulation than fiat money.

[damsix]

The only answer to this thread is when the government does not like fluctuating prices that are unclear and uncertain.
The state and the government certainly do not want a group of people to suffer losses due to those caused, as has happened to altcoins that ended with SCAM.

[abhinavsofttech007]

Many government banned currency due to its decentralized Nature. And the other reason is tax.

[Delgboke]

If you begin to look at some certain reason why government don't like cryptocurrecy there are many key factors that can lead to that, for me I think the government like cryptocurrency because it has giving people opportunity to have access to money both the average man and the rich so they want people that will compete with them when it comes to money issues.

[tervel]

All cryptocurrencies are decentralized peer to peer payment network.This basically means that they isn't controlled by any government, making it virtually untraceable.I think that's the main reason.

[Urfin]

Some coins can be printed without restrictions. No regulator would like that.

[Fenix]

Cryptocurrency is good for individuals. For states, its too great price volatility and partial uncontrolled financial flows create insurmountable obstacles to its practical use. Therefore, it is hardly worth expecting that in the future, states will use a decentralized cryptocurrency. We see that they are now actively starting to create their national stable coins, which will, apparently, become the main form of cryptocurrency use by states.

[naitik01]

Nobody has control over cryptocurrency, its value is also not stable, so some governments do not like it. The second reason may be that the government also has to take care of the interests of the people, there is also a fear of being deceived with people in cryptocurrency.

[trauchot]

If the demand for cryptocurrencies will be the same in the future, and most likely the demand for cryptocurrencies will gradually grow, and then in the future I think there will be no way for governments to start regulating cryptocurrencies and there will be legalization around the world.

[thefoexx]

decentralization and anonymous, two things that the government dislikes very much. so it's not normal if until now the government hates crypto especially bitcoin. even if in the future the government adopts the blockchain, I doubt that bitcoin will also be accepted. as long as crypto is still decentralized and anonymous, don't expect the government to accept crypto.

[Altcoin1998$]

Many countries governments don't accept cryptocurrency because they don't control the money laundering and their banking system don't allow cryptocurrency as their trading standards.