Crypto This is why most of the government never supported cryptocurrency

[Lens1000]

Self-executed transactions are possible thanks to bitcoin's decentralized nature. Its decentralized nature built independence from the third party.


The decentralized network eliminates the corruptions that plagued the centralised system. Because of their selfish character, the government places so much reliance in the centralised banking system. They could manipulate the public in order to carry out a variety of corrupt activities.

The government despises the decentralized financial system because it offers you power over your money activities.

Cryptocurrency is the best technology for putting money control in your hands.

 

[Suba]

Reasonable reasons why the government doesn't support cryptocurrencies. And the government will always hide these reasons for its various interests, but the government will always look for reasons in the public that cryptocurrencies will be able to disrupt their financial circulation system.

 

[Lens1000]

Reasonable reasons why the government doesn't support cryptocurrencies. And the government will always hide these reasons for its various interests, but the government will always look for reasons in the public that cryptocurrencies will be able to disrupt their financial circulation system.

I would call cryptocurrency an anti politics invention. The aim of every government is to be in control of everything. This is the reason why I salute the courage of the likes of USA and El Salvador for accepting cryptocurrencies and also supporting it. The government of Nigeria would never look in that direction.