The simple truth is that, they believe the jurisdiction of money should be what is under their control. Money is a huge manipulating factor and so, since cryptocurrency is not controllable, they might keep running away from it for a long time.
Wise answer. Merit.
Yeah, if they lose control then so does the rich people.
This world cannot be equal and it will never will or else there will be no one to work for food or serve them.
That is just the effect of using crypto currencies specially bitcoin.
Us, with transparency only in our transaction but never with how much do we really have. There is no information of who the owner here unless I tell it to you.
They don't like that kind of idea.