Topic: What if 5 head of the big country are Cryptocurrency supporters? (Read 458 times)
We might not be able to fathom the impact their support will have on cryptocurrency, but it will go a long way in legal aspect of it. One crucial behaviour of most governments is that there is always a catch to suddenly yield or support of what they know they don't have control over.
March 18, 2019, 07:33:35 PM
I do no think it would change anything. It is more important if ordinary people support crypto and realize
it`s benefits and start using it in everyday life. Then governments will follow as well .
March 18, 2019, 06:50:51 PM
Just Cryptocurrencies I think even though they publicly support that they will have to be using the technology for payment purposes in large scales which means fiat is in trouble the only way that might happen is through stable currency which for sure will take very large amount of time to execute
March 18, 2019, 06:40:57 PM
If that were really happen, then the future of cryptocurrency to grow bigger will be wide open and the pace will get fasten compared to what happen today.
And with those country influence, it should be able to minimize any chance of scam to occur.
The positive opinion of the big countries on this issue will definitely affect others. This is not a matter of any country or owner, but something the whole world should accept and others' positive behavior will trigger others. And with those country influence, it should be able to minimize any chance of scam to occur.
March 18, 2019, 03:01:56 PM
This will certainly accelerate the adoption process. We know that Crypto still needs great support. And hope there will be regulations that can protect investors or all those who invest in Crypto. This will also increase trust in all investors.
Well, that sounds great but trust me that is never going to happen. All these countries in one way or the other are in sought of cold war running for power and cannot let the other country make money more than they do.More money, more power. And for your information, China does not accept Bitcoin at all due to her policies so this is never going to happen though it would have increased the price level to the highest peak.
March 15, 2019, 02:23:06 AM
Yes I believe if that if top 5 big countries are fully backing crypto up it will help the adoption rate marginally but I think we will get there someday ,the only problem we should try to solve now is reducing the scam rate which is why we still have few investors in crypto space
March 15, 2019, 01:26:30 AM
It will have a huge impact but I doubt if they will allow cryptocurrency to be used, as their main currency, they will just allow coexistence between their controlled fiat and cryptocurrency, they will just allow their citizens to hold and trade and businessmen and merchants to accept cryptocurrency.
March 15, 2019, 12:18:34 AM
If that were really happen, then the future of cryptocurrency to grow bigger will be wide open and the pace will get fasten compared to what happen today.
And with those country influence, it should be able to minimize any chance of scam to occur.
And with those country influence, it should be able to minimize any chance of scam to occur.
March 14, 2019, 08:28:55 PM
Even with my imagination I can not visualize a situation like this, but why not, world is unpredictable 
. This step would be huge for the whole industry which would suddenly get an insane attention. Masses are not having their own opinion most of the time and this would turn their "crypto-hating" part of the brain off. Businessess would have unbelievable competition and a success would never be seen as something granted. People would free themselves financially (not entirely, but every single step towards this goal is a success), developing countries would follow and their quality of life would grow even faster. The only limit in the world of technology is our own imagination. Individual freedom is an asset the world is currently lacking off and crypto might turn this process around. A single spark can start a fire 
.
. This step would be huge for the whole industry which would suddenly get an insane attention. Masses are not having their own opinion most of the time and this would turn their "crypto-hating" part of the brain off. Businessess would have unbelievable competition and a success would never be seen as something granted. People would free themselves financially (not entirely, but every single step towards this goal is a success), developing countries would follow and their quality of life would grow even faster. The only limit in the world of technology is our own imagination. Individual freedom is an asset the world is currently lacking off and crypto might turn this process around. A single spark can start a fire .I am agree, if big 5 country support cryptocurrency, i am believe others country will following. It will bring mass adoption for cryptocurrency and the industry must reach trillion dollar market cap value. America is big financial center and if regulating crypto, the price of bitcoin and others coin will rising
March 14, 2019, 08:26:14 PM
If that is happen that 5 big country are crypto currency supporter i think that would be big help to make crypto currency being more popular and other small countries will follow being supporter too.
March 14, 2019, 08:06:32 PM
It might get huge publicity push but beyond that, I doubt it will create any significant push in crypo adoption. Bottom line it will increase the legitimacy of cryptocurrencies and many people who were once skeptical would want to invest into it.
March 14, 2019, 07:45:26 PM
Even with my imagination I can not visualize a situation like this, but why not, world is unpredictable . This step would be huge for the whole industry which would suddenly get an insane attention. Masses are not having their own opinion most of the time and this would turn their "crypto-hating" part of the brain off. Businessess would have unbelievable competition and a success would never be seen as something granted. People would free themselves financially (not entirely, but every single step towards this goal is a success), developing countries would follow and their quality of life would grow even faster. The only limit in the world of technology is our own imagination. Individual freedom is an asset the world is currently lacking off and crypto might turn this process around. A single spark can start a fire .
. This step would be huge for the whole industry which would suddenly get an insane attention. Masses are not having their own opinion most of the time and this would turn their "crypto-hating" part of the brain off. Businessess would have unbelievable competition and a success would never be seen as something granted. People would free themselves financially (not entirely, but every single step towards this goal is a success), developing countries would follow and their quality of life would grow even faster. The only limit in the world of technology is our own imagination. Individual freedom is an asset the world is currently lacking off and crypto might turn this process around. A single spark can start a fire . March 12, 2019, 07:23:52 AM
For me i think if this will be possible a big or huge chances for us in crypto world to success. I mean great people supporting such project are in good situation, so as the great market has the high price will be.
March 12, 2019, 07:13:30 AM
It doesn't need too many big nations to be pro cryptocurrency. If there is only one big nation trying to take the lead, the others will follow as they don't want to fall behind the innovation.
I don't agree with this statement. There is no reason to follow a single country as a crypto friendly state. After positive news, crypto prices will find its real power in the real world.Oh yes there is, if all your talented workforce out of a sudden tries to leave your country in order to find work in a country that is pro cryptocurrencies, you as a government would be annoyed. And also, there is just no way to stop crypto payments among people and nations who figure that out first and become crypto friendly will put pressure on those who are against crypto.
March 11, 2019, 02:59:18 PM
It doesn't need too many big nations to be pro cryptocurrency. If there is only one big nation trying to take the lead, the others will follow as they don't want to fall behind the innovation.
I don't agree with this statement. There is no reason to follow a single country as a crypto friendly state. After positive news, crypto prices will find its real power in the real world. 
March 11, 2019, 02:56:54 PM
So imagine you have 5 heads of the top country in the world a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.
Well removed Japan in the list because they have been very supportive of crypto already.
I guess the most influential in the list for me is USA. If US governments will suddenly make a U-turn and we all wake up tomorrow and be happy because of the news that US is going to be crypto friendly then the price will spike and we may have seen another all-time-high in the future.
March 11, 2019, 02:52:32 PM
It doesn't need too many big nations to be pro cryptocurrency. If there is only one big nation trying to take the lead, the others will follow as they don't want to fall behind the innovation.
March 11, 2019, 10:07:12 AM
USA, Japan, and China are big countries which can be so influential if they publicly expose their will to support and adopt cryptocurrency for their respective countries. So, I am saying, they have the power to influence but it is still the usefulness of the coin that will make it last.
March 11, 2019, 09:57:18 AM
USA - This country is good and really has a big states, but cryptocurrency is have a hard time for acceptance on this one, why?
The main economy of this country is weapons, they need war to be great and support their needs.
CHINA - This one is very cautious and they want everything to be perfect before the support, they also want more money in their cointrol and power.
JAPAN - There no question on this country as one of the most advance in technology and well supported the cryptocurrency.
FRANCE - I wanna see more from this one!
GREAT BRITAIN - And also on this one!
You should not remove japan from that list because that was already issued a license to all of the exchange sites that operated in Japan. We must put our main concern in USA consider it's central of bankers. We know that banker will always become the centre of the economic system. The main economy of this country is weapons, they need war to be great and support their needs.
CHINA - This one is very cautious and they want everything to be perfect before the support, they also want more money in their cointrol and power.
JAPAN - There no question on this country as one of the most advance in technology and well supported the cryptocurrency.
FRANCE - I wanna see more from this one!
GREAT BRITAIN - And also on this one!
March 11, 2019, 09:53:19 AM
So imagine you have 5 heads of the top country in the world a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.
They will never do it. Because it is a big step and what will happen if crypto really fail? Cryptocurrencies were created as an alternative, we do not need to push someone to use it. We should satisfy with slow but steady adoption.
Jump to: