The reason why Government don't support crypto currency is they don't have control over it.
It's a peer to peer transaction so no middle man. I normal case even if the fund is transferred by mistakenly then bank can reverse the transaction but in crypto currency once the transaction is done by mistakenly we cannot reverse it. The only way to get the money back is the person who received the money should be willing to give it back.
The reason why Government don't support crypto currency is they don't have control over it.
It's a peer to peer transaction so no middle man. I normal case even if the fund is transferred by mistakenly then bank can reverse the transaction but in crypto currency once the transaction is done by mistakenly we cannot reverse it. The only way to get the money back is the person who received the money should be willing to give it back.