OF COURSE governments won’t give up control of money – that’s why crypto is crashing
|01/21/2018||Posted by BusinessMediaguide.Com under General World News||
- One reason people are selling out of bitcoin is because governments are moving against cryptocurrencies.
- The promise of bitcoin is that it’s anonymous and secure and the government can’t touch it. That promise is unfulfilled.
- Governments are not going to stand idly by while people replace or abandon fiat currency.
- That’s why cryptocurrencies will always be weak credit tokens compared to cash — governments may be annoying but they aren’t stupid.