Governments are afraid of crypto
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Governments' hesitation to embrace cryptocurrency programs stems directly from a fundamental concern about control. While the decentralized nature of cryptocurrencies offers potential benefits in terms of financial inclusion and efficiency, it also poses a challenge to traditional systems of governance and regulation. Governments are reluctant to relinquish control over currency issuance and monetary policy, which are central pillars of their authority and influence.
(This podcast was recorded 3 years ago)
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