What if 5 head of the big country are Cryptocurrency supporters? - page 3.

Quintrix

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Quote from: Callanta787 on February 26, 2019, 02:45:53 AM

The total control and freedom of cryptocurrency is what government don't like about it, since they can't be in control and make use of it I there own way ,but its possible for quick growth to take place if those five countries accepted crypto wholeheartedly

But they can co-exist and we have seen some countries where people can buy and sell bitcoin and install ATM in major cities if a government head can pass legislative to integrate or make it co-exist with their fiat money that will be good for the community.

Callanta787

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The total control and freedom of cryptocurrency is what government don't like about it, since they can't be in control and make use of it I there own way ,but its possible for quick growth to take place if those five countries accepted crypto wholeheartedly

xenomorphe1

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It would surely likely attract more investors. But there is surely to be more regulations of cryptocurrencies. Because currently, there is too much scams in the crypto sphere.

Indrawan77

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If they want to support and adopt crypto then it will be huge for crypto users especially when they choose one coin to represent crypto, the growth and the adoption will go in a fast mode and we will see a lot of technology based on blockchain, it will be very good for the future economic

maldini

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I think that will cause bitcoin to grow rapidly compared to now, it cannot be denied that crypto players all use their fundamental analysis, so there will be mass buying that will increase bitcoin

mickey_miner

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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.

MI6

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Quote from: Quintrix on February 25, 2019, 10:48:19 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.

It will be good, but maybe not only support or make it legal. But need everything that they can to make crypto be good for people like let merchant to use it as payment, or maybe do anything else.

Quintrix

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Quote from: chriseasan on February 25, 2019, 03:18:26 PM

The mass adoption will happen anyway. Sooner or later, ICOs would start to release their products and when people would realise that blockchain solutions are much more efficient, the whole industry will raise from ashes.

ICO is messed up right now because of the majority of ICO are not living up to investors expectation, the ICO investors are more lesser this year than the past three years, because of the so many scam ICO proliferating.

ololajulo

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We dont need them. These are not the expected purposes of bitcoin though we might need good ecosystem from this big countries. Sure, if they oppose cryptocurrency by creating a negative environment to trade and hodl coin the space might lose traders and their participation. These heads of countries are capable of becoming whales but you know how there identity look like here, anonymous. Beside Who know if they are not even here already ?

chriseasan

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The mass adoption will happen anyway. Sooner or later, ICOs would start to release their products and when people would realise that blockchain solutions are much more efficient, the whole industry will raise from ashes.

Onuohakk

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Quote from: Quintrix on February 25, 2019, 10:48:19 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.

Even if the heads of th countries are bitcoin supporters it still doesn't mean that they can force the country into adopting it. The bill has to be passed and deliberated upon

ivaf

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No, I do not think so. Interested heads of government - this is not all. Now, if you manage to interest financial institutions (the banking system) - then yes. Then it could be the beginning of something bigger.

max6575

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Pffrt

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Nothing much would happen. Maybe some of the cryptocurrency would get a huge bump to their new ATH. Other than this, it adds little value only to the system. We need more adoption, a worldwide adoption.

bittraffic

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Its a big help if they are all supporter, they are not as of now though. IF we say supporter means the stores in the these countries can accept cryptocurrencies and crypto can easily be bought either over the counter or on exchanges. The rise of banks creating their own crypto and companies creating stable coin is the start of all these adoption.

andrejka

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Quote from: Quintrix on February 25, 2019, 10:48:19 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.

I think USA will be enough for the Bitcoin to reach 1 million dollars in price

And moreover I think just one big company like for example Amazon is enough to make Bitcoin fly to the moon very quickly. I wish something like that will happen soon and we will be witnessing the rise of the new worldwide currency in its essence.

YuginKadoya

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Even though they are a top head of a big country I really think that they would surely hide the fact that they are a believer if a majority in the country has negative thinking about cryptocurrency And the fact that this can never happen is because there would be some in the government official that would surely disagree even if he or she is the president of that country promoting something that some people don't understand will surely doubt them about it, And let's remember that not all cryptocurrency related news and article are on the positive side there are illegal things that can surely benefit in owning yourself bitcoin, Some people would surely use this on the act of terrorism some would surely fraud someone to gain more and many things that could benefit someone illegally.

sujonali1819

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If these 5 top country will start to support crypto then crypto will be developed more. The popularity of crypto will increase. Rest of the big country also will start to support crypto. So lets pray for crypto so that these top country will start to support.

iyah adrian

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Of course crypto will develop very large if all that happens. Because a head of state I believe crypto is certainly the community also will wonder how crypto works. Of course crypto growth will be very fast. I am sure of that.

hell_slayer

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This is too good to be true. However, if this had happened, I think that the cryptocurrency industry would have developed much faster than it is now. Within 10 years, most of the world would have switched to the use of cryptocurrencies, related technologies would have evolved, and people's lives would have become much more convenient in many ways.

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