Topic: The future of crypto - page 3. (Read 1215 times)
Crypto will continue to exist in the future because it is the current technology today that cannot be simply replaced or obsolete. Honestly, I don't know in that CBDC how that works, yes we know that China is a big country and powerful but we have monitored the impact of their ban or cessation of mining, yes in the beginning the effect but eventually still recovering because if you add up all the users in the world is more than just one country.
Now many people have started to like cryptocurrency because they have also seen that cryptocurrency can really help everyone's life if that person knows how it works and has a good strategy in making decisions.
The crypto market is such good market for this era but it's not really for everyone that thinks that it's going to make them rich overnight. The idea is like that for those newbies and that's why they losing more money than what they earn. It is better if they seem to understand first what cryptocurrencies are and how it fluctuates. The reason for that is to make them aware that the crypto market isn't going anywhere but is here to stay so if they make themselves confident with such fluctuations, they are going to last. China is always two steps ahead of all other countries in terms of future tech and I think the reason why they ban crypto miners is because of their CBDC but what will happen if other countries later follow the same steps? Will this put crypto in trouble?
each country has its own strategy in running cryptocurrencies and is not centered on China. so whatever is done by the Chinese state will not have a very big influence on other big countries. and the news of the ban was there a few years ago. but cryptocurrencies are still growing today and the future of crypto is not in China.
Now, if other countries will follow China, i don't think crypto will get affected anymore. Crypto can be ban, yes it is, but there's no way they can shut down crypto and put it into its end. Crypto might be even more motivated and rise up more than we expect it.
China is always two steps ahead of all other countries in terms of future tech and I think the reason why they ban crypto miners is because of their CBDC but what will happen if other countries later follow the same steps? Will this put crypto in trouble?
each country has its own strategy in running cryptocurrencies and is not centered on China. so whatever is done by the Chinese state will not have a very big influence on other big countries. and the news of the ban was there a few years ago. but cryptocurrencies are still growing today and the future of crypto is not in China.
China is always two steps ahead of all other countries in terms of future tech and I think the reason why they ban crypto miners is because of their CBDC but what will happen if other countries later follow the same steps? Will this put crypto in trouble?
It doesn't matter. What makes it difficult for them is actually they are taking power from us, the government is taking the freedom of their people to live with crypto. In fact, they wanted their people to get out from crypto space and a continued battle against the decentralized market. I'm not going to assess their capabilities as they were powerful enough to do it but it doesn't mean that everything they have done is good and helping the community because the truth is that it only spreads hatred. But on the other side, they are not the reason why Bitcoin will stop. Cryptocurrency will continue to spread globally without their participation and supports.
Although some countries are trying to band out cryptocurrency, it will have some effect on the cryptocurrency market, but I hope that cryptocurrency will gradually get out of this bad situation, because the way people show interest in crypto, people will invest more money.Crypto can't fully band.
--
If other countries also do not provide crypto legality this will have problems with crypto developments in the future, but this is unlikely to happen, in the future increasingly sophisticated digital financial technology will definitely be needed around the world to facilitate transactions.
it's an old problem, that's what makes bitcoin full of pros and cons. although there are several countries that prohibit the use of crypto, there are still many countries that allow it, some even have discourses on creating their own crypto currency. see, although many prohibit transactions or payments with crypto, investment and trading are still allowed, this shows that crypto is indeed very potential, on the other hand there is a side that is less profitable for the government. so this is not a problem, usually legality issues come up every year, creating waves in the market, but no need to worry.If other countries also do not provide crypto legality this will have problems with crypto developments in the future, but this is unlikely to happen, in the future increasingly sophisticated digital financial technology will definitely be needed around the world to facilitate transactions.
Well, I think the way it is going to happen is rather top down, with Bitcoin being top and governments being down. If there is something you can't stop, pretend to embrace it and regulate it / pass laws that you think will appropriately be considered by most of the users. It won't be possible to fully stop Bitcoin. That is a bit similar to gambling websites online. In some countries the governments understood that there is almost no way to fully stop them. So how to benefit as a government regardless? Raise a little bit of taxes, such that gambling websites feel the urge to pay their taxes to play it safe because playing safe isn't that expensive. Bitcoin is similar to that kind of situation. If they prohibit it, they are probably going to raise public cost by a lot only because they have to pursue all these "criminals" who deal with crypto. Drugs is another example, but you get the idea.
--
If other countries also do not provide crypto legality this will have problems with crypto developments in the future, but this is unlikely to happen, in the future increasingly sophisticated digital financial technology will definitely be needed around the world to facilitate transactions.
it's an old problem, that's what makes bitcoin full of pros and cons. although there are several countries that prohibit the use of crypto, there are still many countries that allow it, some even have discourses on creating their own crypto currency. see, although many prohibit transactions or payments with crypto, investment and trading are still allowed, this shows that crypto is indeed very potential, on the other hand there is a side that is less profitable for the government. so this is not a problem, usually legality issues come up every year, creating waves in the market, but no need to worry. If other countries also do not provide crypto legality this will have problems with crypto developments in the future, but this is unlikely to happen, in the future increasingly sophisticated digital financial technology will definitely be needed around the world to facilitate transactions.
We don't need several countries to visit because anywhere you go, you can't get your privacy. Only cryptocurrency can provide you with that. Already Cryptocurrency is a success because the government doesn't monitor us.
Lol, do you even know what you are saying here? First of all, only few crypto currencies focus on privacy. None of them are the top. Rest of them don't provide you with high privacy. Any transaction you make can be traced back to you if you make a slight mistake. Its more traceable if you use centralized exchanges. And the government can still "monitor" you if you use crypto currencies (those regulations and regulator framework are doing their magic 
). The government banned crypto miners because they want to stop money laundering. I think banning can be a good decision. The government can take tax even if it can stop real scammers, that is the cryptocurrency future.
Lol what? Few countries banned mining because it was consuming too much power. It has nothing to do with money laundering. 
the future of crypto will become better because now you can see that all crypto market is recovering. BTC is going famous in the world so it is possible many people will join crypto for profit so I think Crypto will become better inshaAllah.
Yeah, it seems that something of large effect happened and the market is back in green. The possibility of BTC reaching higher values is likely and the bullrun might resume, is just that nothing is certain but you can only risk something to gain something.It is time for us to decide on which side we're on, the risk taking or the safe-being side. Though, for one I'm confident in the long-term potential of the crypto market...
We don't need several countries to visit because anywhere you go, you can't get your privacy. Only cryptocurrency can provide you with that. Already Cryptocurrency is a success because the government doesn't monitor us. The government banned crypto miners because they want to stop money laundering. I think banning can be a good decision. The government can take tax even if it can stop real scammers, that is the cryptocurrency future.
the future of crypto will become better because now you can see that all crypto market is recovering. BTC is going famous in the world so it is possible many people will join crypto for profit so I think Crypto will become better inshaAllah.
We will undoubtedly witness further growth and adoption of cryptocurrencies in the future. Advanced encrypted techniques are used to create and handle cryptocurrencies making it more safe. Cryptocurrencies have vastly outperformed most traditional fiat currency. The future of crypto will be more successful and bright.
I don't care about cbdc or chinese pressure or any other country's pressure. I am currently excited about the development of artificial intelligence, blockchain and other software engineering, as well as digital artistry. May art live its golden year 
Nobody can ever ban crypto completely digital money will one day replace fiat that's for sure
You are right. Many people use crypto wherever there is a crypto ban. For example, in our country, even though crypto is banned, many people here are using crypto. So it is difficult to ban crypto completely. On the contrary, the growth of the crypto market is increasing day by day.
I would say a statement of fact that sooner or later China will soon lose its relevance in the crypto space, i.e., unlike before they can release any type of news they want which will affect the market but sooner no one will care anymore, so they don't more advanced than any country but underdeveloped when it comes to crypto.
China fud will not effective anymore since they cracked down miners in their country, it is actually be good news for crypto investors for long time. No one will care to their fud because they didnt controll miner again , its spreaded in several countries now. Banning crypto mining is not the certain solution for putting crypto into big trouble. This may just affect the prices of cryptocurrencies, nothing more than that. And besides, I don't think that all of the governments would like to ban crypto mining. Because this activity has advantages for a country also.
they got benefits from miners actually , they crack down actually to shake bitcoin price so will get it in low price. every one know in every crash there are huge buying from institution that maybe one of them rellated with government. 
if that happens then the crypto market will be in danger, but I don't think that other countries will ban crypto. Because now it is the technical era so Crypto is a digital currency many people are using for making a good annual income.
It seems that at this time there is not much talk about the prohibition of Cryptocurrencies in all countries, but for the problem of annual income it still depends on market conditions as well, because cryptocurrency market conditions are not always good.I am sure we will see many countries and big personalities making good news about bitcoin and crypto.
with more good news, there will definitely be a lot of new adoption in the market. this will be even better for the growth of the crypto market.
I think crypto will continue to grow even though the world follows China's way.
It will never happen dude. Lots of countries are in competition to be welcome for crypto. You must also read some latest news about some countries are starting to propose the crypto as a legal tender. it's not only salvador and more countries will be coming soon.
Crypto is a permanent tech and this will never die.Crypto will die once all of internet in the world got shutdown lol
Banning crypto mining is not the certain solution for putting crypto into big trouble. This may just affect the prices of cryptocurrencies, nothing more than that. And besides, I don't think that all of the governments would like to ban crypto mining. Because this activity has advantages for a country also.
I am sure that the decision of the Chinese authorities to ban the mining of bitcoins is aimed at increasing the risks of losing the crypto-yuan in demand for their coin, because no one will ever be able to control bitcoin, especially since in China there has always been a policy aimed at increasing its assets or the country's resources, for example, development cryptoyuan. Who knows, maybe in some time we will see a rival to bitcoin in the person of the crypto-yuan.
indeed many countries limit the use of btc because it cannot be fully controlled by the government. the solution is indeed to issue their own crypto currency, which they can fully control and supervise. as did Miami city which issued Miamicoin, a token that could allow its users to invest in the city in infrastructure and project funding. This is a good signal, if it proves to be effective, this trend will surely be followed by other cities and even countries. so a future with wider adoption could increase the chances of crypto success in the future.It was good to what happens to Miamicoin but somehow I feel this will never last long.
Jump to: