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Topic: What if all the governments accept crypto? - page 11. (Read 2831 times)

full member
Activity: 504
Merit: 120
November 01, 2018, 11:58:51 PM
Isn't that what we all dreamed of? I wish governments would accept crypto coins, but at least it seems unlikely in the near future. But I still don't lose hope. Someday they will accept and everything will be fine.
member
Activity: 406
Merit: 11
November 01, 2018, 11:48:45 PM
Well if government accepts cryptocurrency across all countries then I will consider it as the greatest decision of all time, but there should be some limitations also I believe there will be no financial problems or any crisis in public. I believe cryptocurrency will rule the world very soon.
member
Activity: 392
Merit: 10
Fast, Smart, Trustworthy
November 01, 2018, 11:40:52 PM
You are right. When encryption is approved by all governments, this will give the encryption market the best improvement, but at the same time its profits will change, because the government will control the investment profit!
copper member
Activity: 364
Merit: 1
November 01, 2018, 10:54:20 AM
Honestly, this what I have been praying for. Governments accepting crypto will put a new face in the crypto world and traders won't be taken for granted or as nobody as some governments do now.
member
Activity: 351
Merit: 10
November 01, 2018, 04:29:47 AM
That's what we expected, crypto was legalized. We will see that crypto will be very perfect. People will leave the old system. Everyone will talk about crypto. We don't know when that will happen, hope!
member
Activity: 280
Merit: 10
www.becent.com
November 01, 2018, 04:20:37 AM
I wish things were better. I hope that cryptocurrency earnings will be able to increase my pension, at least now I think so. And I would agree to pay a small tax for it, for me it looks bad
hero member
Activity: 1498
Merit: 586
November 01, 2018, 04:17:20 AM
If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.
Yes. It would definitely won't happen because bitcoin and all other crypto coins is created to be decentralized and not to be controlled by government. Also, if government decide to accept cryptos, the price will be stabilized and there will be no more chances to gain high profits.
It won't happen because they can't implement rules to it and they cannot control it. Cryptocurrency will remain decentralized so if the government accept it, there's possible it might change everything about it. I think its better if government and cryptocurrency not crossed there way because they both have different rules and laws, so they will never be combined with each other.
jr. member
Activity: 375
Merit: 3
November 01, 2018, 04:11:36 AM
It is impossible, we will not see this happen in 10 years. Accept crypto as fiat is not easy because there are many problems about the economy, criminal, money washing.
legendary
Activity: 1414
Merit: 1001
November 01, 2018, 04:10:57 AM
Most potential investors are hiding behind the walls because of the fear generated by the governments in regards to cryptocurrency. Once crypto gets the approval of all governments, both new and some old investors will invest without much fear and this will increase the demand and usage of crypto in our daily lives. The value of the market will increase as well.
If the government can accept crypto well then it will be an extraordinary progress for the technological era. Crypto is said to be a visionary financial system and has a very good level of security, therefore if crypto is well received by all aspects of the government system it will help improve the economy.

Just imagine that when financial transactions are easier to do, it will make things easier for everyone in the world.
Crypto brings many changes and we will all feel the benefits to the maximum in the future !!!
copper member
Activity: 490
Merit: 2
November 01, 2018, 04:04:15 AM
If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.
Yes. It would definitely won't happen because bitcoin and all other crypto coins is created to be decentralized and not to be controlled by government. Also, if government decide to accept cryptos, the price will be stabilized and there will be no more chances to gain high profits.
jr. member
Activity: 280
Merit: 1
November 01, 2018, 03:58:35 AM
That would be a great improvement of crypto currency ,if truly the government will accepts cryptos , it will give cryptocurrency the freedom to be used anywhere around the world , and this would make crypto more stronger through the acceptance of the different governments ,and the compfort of each crypto holders ,in using and transacting their cryptos.
member
Activity: 383
Merit: 10
November 01, 2018, 03:55:29 AM
the development of crypto currencies will be very rapid and technology will also grow rapidly and of course crypto is accepted by all countries positive and negative sides will also emerge
jr. member
Activity: 448
Merit: 1
November 01, 2018, 03:46:43 AM
Most potential investors are hiding behind the walls because of the fear generated by the governments in regards to cryptocurrency. Once crypto gets the approval of all governments, both new and some old investors will invest without much fear and this will increase the demand and usage of crypto in our daily lives. The value of the market will increase as well.
Absolutely agree with you and I will say more, I think, approving of crypto is a question of maximum several years and there are not single examples of countries which already approved cryptocurrencies, here is the small list - Countries Approving Cryptocurrencies
member
Activity: 238
Merit: 10
November 01, 2018, 03:40:00 AM
I have no idea what that could lead to. For me it looks like a kind of anarchy and I think it's uncool. Also, I do not want to fix my cryptocurrency income somehow, because I do not really want to pay taxes
jr. member
Activity: 365
Merit: 1
Well, the governments will have to accept cryptos one day. They are just delaying the inevitable and that is the adoption of the cryptos. But it has to happen, the govts won't be able to stop the evolution for long, and infact a few govts have started working with cryptos or atleast started studying them to integrate it into the financial system.
jr. member
Activity: 154
Merit: 2
This would be great although it quite unrealistic. But this would develop cryptocurrency the more and there would be easy in making transactions. But some government might try to get so involved and that might pose as a threat to the decentralization  of cryptocurrency
hero member
Activity: 1400
Merit: 674
Is it beneficial for the goverment to accept crypto currencies? What about taxes? They can't live without it  Smiley Be sure the government will come up with something to get a share of the profits from working people whether mining or trading
I don't mind if I have to pay crypto taxes that I have but actually the government does not have to accept crypto because crypto still functions as an investment tool, not as a currency to pay, so there is no reason to use it on behalf of the state as long as it does not prohibit it according to I have enough
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.
copper member
Activity: 336
Merit: 1
Governments acceptance of crypto would be the best thing to happen to the crypto market,as this development could significantly drive adoption rate and position crypto to be mainstream .
jr. member
Activity: 280
Merit: 1
If it would happen then I think it could bring a huge volume in cryptocurrency and will surely change our life. Since it will surely pull the trust rate of the investors to increase widely.
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