Afraid of crypto

 Because of the failed attempts to make new technology at bay, the authorities are forced to use it. In all cases it benefited everyone. So no one got the frustration of being left behind or not up to the mark. But this not the case when it comes to cryptos. Because of the ravaging feature of decentralization, it became a nightmare for the central authorities. The fear of economy not on the hands, looking from their side is daunting. All these years the most powerful tool used to control the economy is now shifting.

But some of them are mistaken and eluded under false interpretation of crypto lovers. It is not the digital existence that’s what people find most attractive, it is the decentralization. With no authority to trench and peep, it is safe. Since there needs no validation from any officials, it reaches right away into the person at the opposite end.

The growing popularity of crypto is also the reason for growing concerns of financial authorities. A messed up financial country, instead of making hard-core decision which might take decades for a result, simply stepped as the early adopters. This is a smart move. Because if you can't beat them, join them.