Hi @alukkumar121
Banks and and and some states are against cryptos for the reasons you very well explain, they have a business for decades, which has enriched a few, it is the reality, and some few in the state benefit from this archaic system.
That is why there will be a fight against cryptocurrencies, it is logical to think so, but I also believe that the road to the widespread use of cryptos is on its way, and no matter how many prohibitions there are, they will end up being used more and more.