Cybercurrencies are supposed to eliminate the middle man --- The jump to cybercurrencies stems from the generalized perception that money is handled by goverments and elites in an unfair manner, always benefiting the few and perpetuating a system of exploitation. Also, banks and exchanges thrive by imposing unfairly high fees to commerce. Cybercurrencies like bitcoin and etherium eliminate the middle man and take away the central control of goverments in exchange policies. That is their value, that is why they have become so popular and that is also why goverments and central banks alike are fighting like cats to stop this trend. Cybercurrencies created and administered by governments is just a bad taste oximoron.

Source author: Carlos García Delgrado cgarciad@sre.gob.mx