Why are governments so concerned about crypto and not about other stuff like inflation, poverty, access to medical care. World hunger.

Oh right. It affects their money and power…that’s why.There are so many bigger problems than regulation on Crypto right now. Crypto can be used as an asset, blockchain etc. - If the governments really want to make the world a better place, they can adopt crypto/blockchain technology in some way (not legal tender but other ways) and/or focus their energies on other important stuff.There’s a difference between giving the government a responsibility and power.Right now governments around the world are using their power for their own benefits and are not taking responsibility for it / their people.Crypto / blockchain technology can really help make the world a better place but people in power are too scared of losing their power… sad reality of our times.

Submitted December 19, 2021 at 04:20AM

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