Sunday, June 20, 2021

Cryptocurrency – Why do Governments fear them?


Cryptocurrency should be declared word of the decade – I mean even non-saving groups are all praises about this form of “currency” (or not? Let’s call it crypto rather than currency for now)

Now, why do almighty Governments of various countries fear crypto?

That lack of central authority is the primary reason governments are afraid of cryptocurrency. To understand this fear, it is important to know a little bit about governments and their conventional currencies.

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