Countries testing digital assets in 2020 - page 6.

Amel

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Quote from: Renampun on December 07, 2019, 02:23:31 PM

Quote from: kesmex on December 07, 2019, 07:02:01 AM

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

For China now, they have legitimately issued their own cryptocurrency. But I think the United States still insists on opposing the existence of cryptocurrency, although they will have to make sure it will be centralized, but this is still not possible in my opinion.
The United States is a country that does not approve the existence of crypto openly, especially D.Trump was able to make an extraordinary FUD yesterday.

suvo05

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Quote from: Renampun on December 07, 2019, 02:23:31 PM

Quote from: kesmex on December 07, 2019, 07:02:01 AM

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

Every Gov wants to do that. But they are playing it safe. Only some of the few countries have the courage to implement it because it could bring an
unknown situation in the economy. If any Gov get succeed then all will follow to make their own crypto assets.

Nolimitz84

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Quote from: JessicaVL on November 28, 2019, 04:09:31 AM

Digital Assets are still not considered to form part of the mainstream, but things are changing. More and more governments are recognizing the potential of blockchain and cryptocurrency technology, and implementing their own coins. We’ll be taking a look at all of the countries testing digital assets in 2020, and where this technology could take us.
Russia
Russia has also shared it’s interest in creating a government cryptocurrency called Cryptoruble. Announced by President Vladimir Putin in 2017, the cryptocurrency will be linked to Russia’s Central Bank. The coin is currently still in development.

Where's the evidence? I have not seen or heard anything like this from the President.It's all rumors.It seems to me that in silence everyone is slowly thinking about creating their own cryptocurrency.You at least forgot to specify additionally Germany, China and France.

Renampun

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Quote from: kesmex on December 07, 2019, 07:02:01 AM

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

I do not want to speculate, but if China and Russia issue legitimately and even use their own country's cryptocurrency then the United States will not remain silent, they will surely make their own cryptocurrency for fear of being left behind by these two countries that are eternal rivals of the US.

GideonGono

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Quote from: kesmex on December 07, 2019, 07:02:01 AM

Quote from: BitSat19 on December 05, 2019, 02:17:30 PM

I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

On the contrary, I had read a news that the United States had invested in research about blockchain technology for a couple of years already and seems like the might release their own cryptocurrency just like what the China is planning. You might think that the United States being uninterested because of their opinion against the cryptoworld in general but the thing is that what they don’t like in my opinion is the decentralized characterisitc of Bitcoin. Japan had been the most active one I suppose in adapting the blockchain technology.

kesmex

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Quote from: BitSat19 on December 05, 2019, 02:17:30 PM

I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

China, Russia, and Japan will be the countries that have the best blockchain technology,
I don't know about the United States, it seems like they have no interest here

LUCKMCFLY

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Not only the countries named OP, I think that adoption in terms of Bitcoin and Cryptocurrencies will be massive by 2020, it is easy to determine, for these reasons:

1.- Trade war between the U.S. and China.

2.- Stablecoins War, (Libra Vs Cryto. China)

3.- Possible entry of the Digital dollar by the U.S.

4.- Possible cryptocurrencies developed by banks, eg: European Central Bank. (ECB Official Says Digital Currency Could Be an Alternative to Cash, coindesk.com)

In general, the atmosphere that is coming for 2020 I see it from the most positive point of view despite these possible events, because it will revolve around adoption towards Bitcoin, and the price will rise because everyone will want to have Bitcoin just thinking that they can Reach more of your ATH.

BitSat19

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I was also very surprised that China is not in list but after reading too many posts about this now feeling they are already too much ahead so they not need to be in this list but still op missing few countries those now understanding this technology and its effects which are helping to create too many good ways for humanity as Germany, New Zealand already giving too many soft policies for this crypto world hopefully we will have some more in near future.

airdnasxela

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Ain't surprising that (most) countries included here are those developed countries. Since they are capable of innovating, they can try various things including the implementation of digital assets. It's easier for them to experiment and try on blockchain technology. But with developing countries like mine, it would be hard...
Although it's a good thing that they are into blockchain, it doesn't mean they also support decentralized cryptocurrency. They'll just end up creating their own currency.

Vivasenka

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You forgot about Belarus. We have created very good conditions. Here is more detailed:

https://openledger.info/insights/belarus-passes-new-blockchain-and-crypto-regulations/

And great projects like this have already been launched:

https://exchange.currency.com/tokenized-securities-overview

white paper:

https://exchange.currency.com/static/Currencycom_WP_V2.pdf

Pamadar

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Quote from: rez303 on December 05, 2019, 03:03:02 AM

Quote from: bakasabo on November 28, 2019, 01:28:12 PM

Cant see Estonia in the list. They were on of the first who accepted and support cryptocurrency.
As well as where the hell is China ? China wants to bring blockchain to national level.

Estonia is a small country and their capitalization is not too much for the crypto market so they are not shortlisted. in China, they only support blockchain technology and in addition, they hate crypto. China's prime minister has spoken out on the elimination of China-based exchange exchanges and is determined to eliminate fraudulent businesses in their home countries.

China wanted to take full control, this is the very reason why they wanted to take advantage of blockchain system, they see the big pictures and if they can maximize this system considering to have their own versions of cryptocurrency, they wanted to make sure that it will run smoothly and will not be
interrupted of those existing coins that's why they really wanted to have a full access and control to any business related to cryptocurrecny.

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Quote from: InvoKing on December 02, 2019, 05:43:39 PM

State backed cryptocurrencies or FIAT stored in banks used by credit cards, what's the difference? Blockchain implement? Great but that's not the point of having a cryptocurrency AFAIK!
Manipulation of its value will be very important and exaggerated...

100% agree here.

People were raving all about Bakkt before, and Ripple going through what was it now? 200? 300 banks? Or all those huge shipping companies taking blockchain and what not into their supply chain? or LIBRA.

Yes, good news for blockchain. But it's all forgetting the very aspects of Bitcoin that made it great and creating more corporate and centralized crypto. So what? This isn't good news it's neutral news. Could even sound bad to me.

rez303

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Quote from: bakasabo on November 28, 2019, 01:28:12 PM

Cant see Estonia in the list. They were on of the first who accepted and support cryptocurrency.
As well as where the hell is China ? China wants to bring blockchain to national level.

Estonia is a small country and their capitalization is not too much for the crypto market so they are not shortlisted. in China, they only support blockchain technology and in addition, they hate crypto. China's prime minister has spoken out on the elimination of China-based exchange exchanges and is determined to eliminate fraudulent businesses in their home countries.

Spaffin

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Quote from: bitcampaign on December 04, 2019, 12:22:20 AM

Quote from: Aying on December 03, 2019, 04:46:18 AM

Quote from: bitcampaign on December 03, 2019, 03:14:38 AM

I hope my country is included in the list to be one of the countries that also want to test digital assets next year, even though I know my country is a lagging country, but the issue of digital payments has spread in my country, digital payments here do not use blockchain technology so I doubting its safety, maybe with this the government in my country wants to test digital assets in the next year using blockchain technology

I am sure your country will accept and include crypto someday. and I am sure that they are aware on china's news that blockchain system will be use to improve more. Don't lose hope because we know that crypto as a digital asset is a potential in upcoming years, your government will also benefit with the digital way of transactions and everyone in your country will need it to gain more improvement.

That's what I hope with the large number of digital payments in my country, the government will also look to test blockchain technology, because we know that many have used blockchain technology out there, 2020 is probably a good year where technology will be seen in almost all countries including about this digital asset

Blockchain technology is really interested in many countries and many government agencies, including various international companies, so the blockchain has a great future. But if we talk about the prospects of cryptocurrency, then I recall the report of the Big Seven, where the cryptocurrency was recognized as dangerous for investment, because it is unstable and therefore it will be quite a while before the government legalizes cryptocurrency and digital assets will be recognized around the world.

sockpuppet1911

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Quote from: JessicaVL on November 28, 2019, 04:09:31 AM

*snip*
Why the sudden change of heart?
Up until quite recently, many countries were actually quite resistant to the idea of cryptocurrency and blockchain technology. After taking a look at the countries testing digital assets in 2020, it’s quite clear they’ve had a change of heart. This can be largely attributed to the immense success of Bitcoin, a change in attitude towards the digitization of our future in general, and the implementation of Facebook’s very own Libra coin. As cryptocurrencies become more accepted on a societal level and go mainstream, it’s likely that more and more governments will see the almost limitless possibilities that blockchain and digital assets have to offer.

https://www.youtube.com/watch?v=v8yKNmeU30U&t=26s

Blockchain and crypto technology can be used to further advance our collective society in so many ways - helping us adapt to an increasingly tech-based future. It’s up to our governments to implement them in ways that will benefit not only their citizens, but their country as a whole.

Let eToro ease you into the cryptocurrency game with their CFD trading. It is the world’s leading social trading platform after all. Learn more at www.etoro.com.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework. Your capital is at risk.

https://www.etoro.com/blog/market-insights/countries-testing-digital-assets-in-2020/

Seriously, it most likely has nothing to do with the success of bitcoin, because this development is far away from bitcoin
It has all to do with removing physical cash that can't be tracked and total control of money and surveillance.
What we should be speculating is what will replace the physical cash, and will it be borderless?
I don't want to sound like a tinfoil but when you take a look at the history, have you been wondering what will be the ultimate store of value when these governments fall?
Almost almost every asset can be easily confiscated, you should invest into those that can't be imho.

bitcampaign

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Quote from: Aying on December 03, 2019, 04:46:18 AM

Quote from: bitcampaign on December 03, 2019, 03:14:38 AM

I hope my country is included in the list to be one of the countries that also want to test digital assets next year, even though I know my country is a lagging country, but the issue of digital payments has spread in my country, digital payments here do not use blockchain technology so I doubting its safety, maybe with this the government in my country wants to test digital assets in the next year using blockchain technology

I am sure your country will accept and include crypto someday. and I am sure that they are aware on china's news that blockchain system will be use to improve more. Don't lose hope because we know that crypto as a digital asset is a potential in upcoming years, your government will also benefit with the digital way of transactions and everyone in your country will need it to gain more improvement.

That's what I hope with the large number of digital payments in my country, the government will also look to test blockchain technology, because we know that many have used blockchain technology out there, 2020 is probably a good year where technology will be seen in almost all countries including about this digital asset

Cherylstar86

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Quote from: Dart18 on December 03, 2019, 08:43:24 AM

Well look at that.
They are creating their own instead of just using bitcoin itself.
It looks like they are more hungry into taking control with the financial industry.

Will it be supported by their people or will it be forced. Mandated? We don't know. But I am sure this kind of strategy is to just forget all those old crypto currency that is being created specially bitcoin.

As the technology become developed the crypto currency has it's own way by those users thinking that having their own is much more income. Though, it needs more time to develop but its possible as it will be also depends by the support of many here in crypto currency community.

Dart18

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Well look at that.
They are creating their own instead of just using bitcoin itself.
It looks like they are more hungry into taking control with the financial industry.

Will it be supported by their people or will it be forced. Mandated? We don't know. But I am sure this kind of strategy is to just forget all those old crypto currency that is being created specially bitcoin.

Lorence.xD

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Quote from: bitcampaign on December 03, 2019, 03:14:38 AM

I hope my country is included in the list to be one of the countries that also want to test digital assets next year, even though I know my country is a lagging country, but the issue of digital payments has spread in my country, digital payments here do not use blockchain technology so I doubting its safety, maybe with this the government in my country wants to test digital assets in the next year using blockchain technology

One of the improvements in the third world country is the adapting of using cryptocurrency in the first place just some states have just supported the use of crypto because they know it has potential will grow in the future. One of the most prominent countries that accept today the use of crypto is the china one of the most famous and most influential countries of all time, I think they want to adapt and line with the highest countries like singapore. There's a lot of benefits in using crypto, fast transaction and secured and less hassle in queue lines.

Aying

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Quote from: bitcampaign on December 03, 2019, 03:14:38 AM

I hope my country is included in the list to be one of the countries that also want to test digital assets next year, even though I know my country is a lagging country, but the issue of digital payments has spread in my country, digital payments here do not use blockchain technology so I doubting its safety, maybe with this the government in my country wants to test digital assets in the next year using blockchain technology

I am sure your country will accept and include crypto someday. and I am sure that they are aware on china's news that blockchain system will be use to improve more. Don't lose hope because we know that crypto as a digital asset is a potential in upcoming years, your government will also benefit with the digital way of transactions and everyone in your country will need it to gain more improvement.

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