Not that I am a fan of this government but i do understand why they would they make these statements. They are not completely wrong........ A simple search on crypto currencies will tell that there are thousands of them... How may of them do you think, are going to retain their value, let alone making it big like (like bitcoin)... When the government issues statements, they are not thinking of people like us (by us i mean people who have a fair knowledge of crypto currencies and that they can go down hill any day)... but they think of people who get exited for an interest rate of 10% on an FD.