They lose the ability to steal from us at will. - Lmaoo 😂
They are so afraid that they can't be sure to get their share. They do not know how they are going to steal our money. If they thought they could steal our crypto, then they would endorse it with the greatest endorsement of all time. – True.
Cause crypto is the future of finacial transfers – No doubt about it.
Cryptocurrencies are disrupting the status quo of centralized banking, and consumers are reaping greater financial benefits. – Yeah, we still have a means to go w DeFi though… 🤔
The apparent reluctance of the US gov't to advance regularity norms and permissions would seem to indicate fear to some extent. Just now the Chinese have taken up the broomstick once again to chase that dangerous snake crypto out the door. At the same time they seem to lead the way with a national centralized Chinese Bank coin. This fear of losing control will take some time to go away - in the meantime it is heartening to see good projects grow and develop more every day. – Yeah, the crypto space is booming (contrary to what we are seeing price action-wise)
Because governments are afraid of not having control over the cryptocurrency market as it has over the fiat currencies from which they earn a lot of revenue through taxations and manipulative legislations and policies. – Yeah.
Yep, all the rat bastards covering the decades of money fraud, laundering, etc, will be outed by the future of finance. Why wouldn't the dirty ones be shakin' in their bootays? - Hahahaah 😂
The end of the printing press. – Lol true. 😂
I had a banana for breakfast and kratom for lunch – Great to hear 😂
10/10. Absolutely 100%. I would add another emotion on top of fear, anger. Anything Big Brother can't control is absolutely unacceptable. – All about that control… 👐
No central authority. Banks can't print it out of thin air it is the counterweight against fractional reserve banking and banks can't control it they only control the Petro dollar and the U.S. Government BTC is controlled by the people - Yup
Though it's an upcoming trend, I think that the mass adoption of crypto assets is not for tommorrow. Governments are still strong at the moment, but they will get weaker as time flows (with the present financial system). The fact that more people find their way in crypto makes them very scared coz they can only effort themselfs with lesser and lesser mistakes in their financial system (remember the financial crisis in 2008-2009). That's in my opinion the reason why they are afraid of digital assets. On the other hand, no one will be better prepared for crypto as the governments and when they do, then there will be a crypto mass adoption. – I think that the end state of mass adoption is the co-existing of both cryptocurrencies and traditional fiat. 🔮
no government wants to lose its power to print its own $. all governments do it. no one knows really knows how much is printed and who controls it. but this is the most powerful thing to possess on this earth. its going to be very hard to pry it from their hands. bitcoin will have to go forward without their help . greed and power wont back down!!!!! – It’s gonna be interesting to see how it all pans out. 👀
Most people are sheep and for some reason have a natural trust of governments. Where is the right approach is to have a natural distrust of governments and seek independents in every way possible. I think the governments for the most believe they can lead the people in any direction they choose right or wrong. – Can’t blame them though, many are just unaware about what is going on. It’s like allegory of the cave, and they will never see the light. 😔
Because anonymity makes it difficult to collect taxes and their is a risk that this "barter" system will deplete their coffers. – Yeah, not sure how they are gonna regulate the space lol. 😉
It was inevitable as Governments always want to be in total control. However, with cryptocurrencies they cannot. The phrase, ‘the genie is already out of the bottle’ comes to mind. But! It won’t stop them trying. – Let’s see them try 😉