Topic: Does it even matter if governments and banks accept cryptocurrency? - page 8. (Read 2284 times)
October 22, 2018, 11:52:14 AM
Yeah, it really matters. When banks and governments accept cryptocurrencies, crypto will go mainstream and people will start to invest more into it which will make it hit the moon with a significant price on the exchange markets.
October 22, 2018, 11:26:16 AM
Cryptocurrencies don't need governments or any other authority. Because they are working decentralized. But when we are talking about the acceptance of cryptocurrencies by people and adoption, governments does matter. When something is called illegal, people won't use that. It' s true that cryptocurrencies can be used anonymous. But people won't risk. Also, companies and shops don't want to get into trouble by using something they are not allowed to.
October 22, 2018, 11:16:36 AM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Of course it does. Because the Government will be the one that will guide people on how to properly use it and they will be the one who will make people believe that crypto is safe.
October 22, 2018, 11:03:43 AM
Right now, I would still find it an important factor, if banks, or governments would accept crypto, because it would mean, that the market is going more mainstream. And we will surely need more people, who use Bitcoin, and other cryptocurrencies. There are too many people still, who has no idea what crypto is.
October 22, 2018, 10:59:07 AM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Yes, it really do matters if government and banks accept cryptocurrency because anything supported by government is trusted by the people and they own it without any hesitation. Acceptance of bitcoins by the banks will be like 'icing on the cake' .
It might lead to faster acceptance, but I don't think it would change much. Latest projects are coming out with means of security paralleled to that of banks, allowing for many more business applications, and subsequently everyone else's use (salaries will be issued in crypto.) Business ultimately influences the world much more than governments do.
October 22, 2018, 09:05:28 AM
Banks and governments can help stabilise the world of crypto to some extent. I believe it does matter if governments and banks would accept cryptocurrency, as they have the capacity to propagate the good news of blockchain technology and bitcoin to the rest of the world who are still skeptic about the world of crypto.
in my opinion, depending on the country, if it suits, it is good, if not, no matter the name, it doesn't have to be mandatory, but I urge the government to approve the crypto market so that its economy and finances can be managed optimally.
October 22, 2018, 06:03:58 AM
Banks and governments can help stabilise the world of crypto to some extent. I believe it does matter if governments and banks would accept cryptocurrency, as they have the capacity to propagate the good news of blockchain technology and bitcoin to the rest of the world who are still skeptic about the world of crypto.
in my opinion, depending on the country, if it suits, it is good, if not, no matter the name, it doesn't have to be mandatory, but I urge the government to approve the crypto market so that its economy and finances can be managed optimally. 
October 22, 2018, 12:22:34 AM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Yes, it really do matters if government and banks accept cryptocurrency because anything supported by government is trusted by the people and they own it without any hesitation. Acceptance of bitcoins by the banks will be like 'icing on the cake' .
October 21, 2018, 11:44:16 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
To a reason extent it does matter. If only government had embraced the whole concept of blockchain and cryptocurrencies, then the ETF situation been around for a while now wouldn't had occurred in the first instance and more investors would have joined the train.
October 21, 2018, 09:44:32 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Ofcourse it matters! Accpetance of governments and banks regarding the bitcoin will bring uproar to the people. If they will know that they have accpeted it then they will not be hesitant to try it and be willing to interact with cryptocurrency like bitcoin. It matters because if that will to happen, people will not doubt the capability of the cryptocurrency. They will be encourage to join in this community.
October 21, 2018, 09:18:39 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
until now I have never heard of a bank that accepts cryptocurrency, if there is any please give me the proof
and the fact that most banks will reject cryptocurrency exchange and this is almost the case for Asia.
Well that is exactly why it doesn't matter. When Bitcoin started, no finance firm had been talking about it even with all the exposure but now they are admitting they are into it. Crytpcurrencies will still be here even without banks, it should have been that way but they couldn't just help but to collect tax which is why the government is going to take part.
October 21, 2018, 09:16:15 PM
If the bank and the government accept bitcoin then the fresh air for all crypto people has a positive impact and certainly many will move on bitcoin. But this has not happened yet, and there is certainly good hope for the future.
October 21, 2018, 09:07:05 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
until now I have never heard of a bank that accepts cryptocurrency, if there is any please give me the proof
and the fact that most banks will reject cryptocurrency exchange and this is almost the case for Asia.
October 21, 2018, 08:44:30 PM
Yes It matters alot, people are not investing in bitcoin yet because government and banks make them believe bitcoin is a taboo. If government and banks accept bitcoin, the sky would only be starting point for biitcoin.
October 21, 2018, 07:50:10 PM
I think that government and bank only accept the existence of bitcoin and other cryptocurrencies is a huge advantage for us . Without any limitation or restriction, we can easily exchange , invest in the cypto market
October 21, 2018, 08:35:09 PM
Accept == adopt == use? if this is what you mean, of course it does.
People are following what does the government says and we have no choice for it but to follow everything which is in accordance of law. Same goes for the bank, people deposits money there because they are government backed business and is regulated so people would trust them.
That's a big deal if these banks will accept something that's made for people to avoid them.
People are following what does the government says and we have no choice for it but to follow everything which is in accordance of law. Same goes for the bank, people deposits money there because they are government backed business and is regulated so people would trust them.
That's a big deal if these banks will accept something that's made for people to avoid them.
October 21, 2018, 07:35:51 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
Central banks always afraid and forbid crypto for payment because they realize bitcoin is more transparant that their system. Government still can use their regulation to forbid bitcoin used as payment. So, i think its important that government regulation about cryptocurrency because they have main important part to mass adoption
October 21, 2018, 04:43:31 PM
There is buzz about the prospective of governments and banks accepting crypto or creating their own for its mass acceptance.
I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
I think that is important, because so far the main thing that still blocks crypto becomes more global and can be accepted by many people because crypto is still illegitimate or not recognized as a legitimate payment and transaction system, at least if banks and governments can accept bitcoin then growth and people's trust in crypto will increase as well. Cryptocurrency or digital currency is different from the usual innovation we see, because there are still many people who do not understand well about this cryptocurrency and most of the ordinary people see bitcoin as something negative. So with the government and banks can embrace cryptocurrency, surely there will be people who will trust Crypto as well as investors. I don't think this is even worth acknowledging, as all of the present and future innovations are going to come from the private sector. Governments are just responsible for damage control, do a God-awful job for the most part and have never achieved true democracy.
In the past, people relied on governments and banks not because they're "governments" or "banks," but because they provided security.
Once AI, blockchain, and improved means to use crypto provide even better security than governments and banks ever could, whatever they do will be irrelevant.
October 21, 2018, 11:51:27 AM
I would answer that question "Doesn't matter if they accept or not". The cryptocurrency and the bitcoin is real and this society will growing every new day. I am sure that the bank and the goverments will have to deal with the crypto market. They know that they have to follow the new world order with crypto moneys.
October 21, 2018, 11:29:36 AM
It does indeed play a big role for the success of cryptocurrency. If people become aware of banks now accepting cryptocurrency it'll make people more prone to investing and thus creating more volume in the crypto space. The government and banks play a big part in the economic growth and acceptance from them won't directly mean advancements for cryptocurrency but will open up a bigger market in which a lot more people will invest in cryptocurrency which would allow it to grow bigger. Hopefully with time we'll be able to see first hand what we can expect in terms of growth if something like this happens.
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