cross-posted from: https://exploding-heads.com/post/100260

Governments don’t want to kill the blockchain upon which cryptos are based. They want to control it.

The fact is governments enjoy a monopoly on money creation and they’re not about to surrender that monopoly to cryptocurrencies.

But governments know they cannot stop the technology platforms on which the cryptocurrencies are based. Blockchain technology has come too far to turn back. That’s why they’re co-opting it.