Big governments and the institutions that align behind them -- big banks and big unions -- have scaled up the campaign against Bitcoin and Uber recently. There’s a good reason big governments have been going after Bitcoin and Uber. Bitcoin has emerged as a "people's currency," an alternative to national currencies, freed of the control of central banks and banks. Uber has also emerged as an alternative to inefficient mass transportation systems, usually owned and controlled by local governments in a cozy arrangement with public employee unions. That's why some big local, regional, and national governments refuse to license Uber or bring its standards to those of taxi unions.

Source: Forbes September 23, 2017 17:15 UTC