Why Governments HATE Cryptocurrency (Finance Explained)

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Government views on cryptocurrencies remind me of that old joke: "Don't steal. The government hates competition." ;)

neuromancerk
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Taking your Udemy course that brought me here. You Sir are a treasure trove of knowledge. 👍❤️

udaankhatola
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Its mainly because the government cant regulate it and track it. The government wants to be able to investigate ur bank activity if need be freeze assets get taxes ect Since it is distributed, Bitcoin exists at many different locations at the same time. This makes it very difficult for a single regulatory power to enforce its will across borders. It also means that a government or other third party can't technically raid an office and shut anything down

V-ANews
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Thankyou Sir, I am taking your course on UDEMY, Great Experience.

brajeshnandanjha
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Your Udemy course brought me here. What an engaging teacher you are!! Soo much knowledge I could gain of by just listening to you, sir

giftsonsamuel
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Why can't they make enough money through taxes? To me if they can't make enough money through taxes then they're spending too much.
They should follow the same rules as every single other entity in the word that can't spend more than the amount they make.
If they spend more than that they make for too long then they'll go bankrupt. That's basically grade school math isn't it

Galaxia
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Awsome course on Udemy. I’m in the middle of it now.. Three words describe your course.
Informative, articulate, thorough, oh yea one more. Complete.

ricksavi
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Cinema hates Netflix, Govt hates cryptos, Cool,

ouraiinstructor
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Soooo right... Thank you for these valuable information 😊

mohammedal-hammadi
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I love how you engage with your audience in the comments section.

morgie
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Love your course on Udemy.. Lot of samples you carry to show real examples... Loved it !!

ganeshkumarpithani
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In other words cryptos will thrive in places of freedom. The future is going to be interesting...

foobar-fy
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I have taken your course in udemy which brought me here.. But where is the excel sheet you explaining in video I am unable to get it please guide.

kaviabhishekpathak
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Thank you for the video Chris. Not sure why you said a government shouldn't be run like a business? It should be run, at least, like a non profit organization.

martincommunications
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This video motivated me to invest in my first cryptocurrency!

DigitalBreakthrough
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Thank you for your great course in Udemy ?

deviambati
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Well said sir, I am taking your course at the moment. It's very well put together and I'm enjoying it.

Tony-eenm
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Why would you bother purchasing bonds when they offer like 1% cash back after exorbitant amount of years while inflation is 5.6% wich I believe is alot higher.

razorblade
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Wouldn't a government going bankrupt be bad for everyone? Less money for essential services, healthcare for the poor, salaries for public servants like teachers and policemen etc?

josephng
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Hi Prof...great course...unique style of presenting n connecting..
However while Blockchain is a great technology and Cryptocurrency as a subset of it is fast becoming a medium of exchange, why isn't the technology doing enough to convince the central government of large economies by bringing out white paper on how it's adoption can revolutionize the global economy while disrupting the conventional banking systems apart from the Central Bankers responsible for monetary policy ...where is the future

rajeshkrishnamurthy