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Topic: What if 5 head of the big country are Cryptocurrency supporters? - page 2. (Read 488 times)

full member
Activity: 560
Merit: 100
If the state does not have access to information about your income and wallets, it is unlikely that they will be interested in promoting your interests in cryptography. Since the formation of interests requires appropriate taxes and fees
sr. member
Activity: 588
Merit: 250
If this dream will come true so I think we can use cryptocurrency like a normal currency to buy everything we want without being investigated by police but it also mean that we will have to pay taxes for our cryptocurrency income Smiley). But I don't think this thing can happen in next 5 or 6 years.
sr. member
Activity: 854
Merit: 267
well they are not and they are not going to be so none of this is ever going to happen Cheesy

but even if they were, it still wouldn't change much about 90% of the altcoins. we may only see bitcoin grow faster as it is the only valuable currency that is working properly as it should and the rest are still the same pump and dumps without usage!

besides governments are not known to support anything they can not control!
I don't think that none of them is ever going to be supporters of cryptocurrencies. But I agree with that will affect only bitcoin, eth and some big altcoins with huge usage. Rest of the altcoins will be still shit.
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
I do not think that would have mattered although it may have put slight positive effect in the ranks of governments and regulators but for overall growth and adoption i think it is the public that will bring the change required but i think it will take time and perhaps we will see massive growth in next 5 years.
plr
member
Activity: 1162
Merit: 24
However you looked at it, it will add credibility and trust to cryptocurrency, these leaders can pass laws and can do anything to make cryptocurrency popular in their respective countries, and because of this, it will fast-track the popularity of cryptocurrency.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
It's huge definitely. They are world leaders and that's how the people react with everything that they support. If there's an approval from these world leaders, their countrymen would always believe to what they are fighting for (at least their supporters).

It's going to be a very big news when we found out that a father of a country is supporting crypto. Just look if a celebrity turns out to be a crypto supporter, the whole community is already celebrating with that kind of news.
full member
Activity: 574
Merit: 100
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.
jr. member
Activity: 238
Merit: 1
If we imagine the development of such a situation, then this kind of approval and recognition of cryptocurrencies by leading countries can be said to launch a global cryptocurrency economic system. There will only be a huge question of how the state will regulate cryptocurrencies....
hero member
Activity: 1022
Merit: 538
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.
Lol, we are going imaginary now, I don't think that will ever be possible but if this actually happens, it will be a win for crypto and holders as a whole because every companies in this countries will want to purchase a large amount of crypto there by driving the price very high because there will be scarcity in the crypto market especially for bitcoin that has a limited supply of 21 million.
sr. member
Activity: 1274
Merit: 278
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.
It can have a huge impact on the market its either positive or negative , but we can't avoid the fact that government don't believe in crypto in fact most of them banned it in their countries like for example bitcoin but of course maybe it is possible. It is something huge and something different.
legendary
Activity: 1137
Merit: 1000
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!
full member
Activity: 1540
Merit: 219
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.
I think if those countries are cryptocurrency supporters there will be huge chance that more people will invest their money in crypto and other countries can unrestrict or unbanned it. Hoping that it will happen in the near future because it will be a great news for cryptocurrency.
member
Activity: 560
Merit: 13
Then cryptocurrencies will quickly break into our daily lives. I think it will soon become a reality, but countries will definitely do something to control the cryptocurrency. I can't even imagine what it would look like.

Definitely, the government's will not allow it so soon in reality they want to keep a full stop so that they can rule in every aspect which will be useful to them. Also we need to assume we got freedom from the money usage limit.
full member
Activity: 938
Merit: 105
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 of course their decision would be a big influence to other countries especially those who still are against crypto use. The fact that you included china would already be a big boost since most of these 5 countries ypu've mentioned aren't really against crypto except for china. It's going to be a big step towards mass adoption.
If ever that will happen Bitcoin will have a mass adoption because some low profile country will go to the next step of their ahead country. Which means they saw the progress of big impact on it, most likely countries are their goal is to have progressed in economic growth and since Bitcoin is proven to help people speaking of financial problem and surely they will follow too.
legendary
Activity: 1946
Merit: 1137
in other words you want this shitty situation with altcoin market which is filled with useless coins that only get pumped and dumped continue but only some big countries support it so that it can get hyped up temporarily and get pumped big time so that you can make a quick profit?!!
that is what you are saying!

if you want to make profit and don't lose it to dumps the next day, instead of hoping for some hype that never happens you should start hoping for good projects that deserve rising for real so that they don't get dumped the next day as everyone cashes out.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
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 of course their decision would be a big influence to other countries especially those who still are against crypto use. The fact that you included china would already be a big boost since most of these 5 countries ypu've mentioned aren't really against crypto except for china. It's going to be a big step towards mass adoption.
sr. member
Activity: 980
Merit: 261
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.

It will really affect the market, since if they adopt it many will buy it and the influence are very wide across the continent, the crypto industry only needs adoptation from the good country to have a good price but ofcourse it will be having a something to be different.
full member
Activity: 821
Merit: 100
Volare.network
nothing seems to change. as long as they don't do anything for crypto there will be no progress. but if they make regulations or state that crypto is legal, this will be very different. the market will increase rapidly and there will be mass adoption. I'm sure this is because the government's role is very important for crypto.
hero member
Activity: 2926
Merit: 567
Even if we have 20 head of big county interested in crypto currency
We still need smart traders

Because for as long as you are not smart, you end up in losses

I think it's not the trading part but the adoption part where people can freely buy and sell cryptocurrency and companies can launch or integrate payment to their company there are already countries that have done this but some regulations restrict users of cryptocurrency.
jr. member
Activity: 574
Merit: 2
Even if we have 20 head of big county interested in crypto currency
We still need smart traders

Because for as long as you are not smart, you end up in losses
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