Think about it. All their finances being public information, you would be able to see their information on the blockchain, who sent them money, when, and how much, all these businesses lobbying governments would be exposed and the people would boycott them, the current financial system helps them conceal what is happening behind the scenes, they control inflation, interest rates, everything, it doesn't matter that purchasing power is ever declined, the current system needs to artificially create problems to justify it's existence.

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Source and link to Reddit topic: Reason banks & governments of developed countries will never adopt crypto

Author: Reddit.com