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Governments are very protective of their monopoly energy to print and mint cash. Because cryptocurrencies are digital and world in nature, it makes it tough for any particular government to eradicate them, however regulators are very skeptical of and hostile towards them. The SEC has consistently tried to make it as difficult as potential for U.S. investors to realize entry to them. It’s hard to foretell what will happen in the future, however the almost certainly consequence, DISLIKE Token in my view, is that they'll continue to co-exist with fiat currencies like dollars. Curiously, central banks have explored issuing competing digital currencies called central bank digital currencies, which can be authorized tender. There will even possible be new offshoots or applications like the growing trend in decentralized finance, or DeFi, a collective term for monetary products and services that are accessible to anyone with an Web connection who can use Ethereum.
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