What if all the governments accept crypto? - page 14.

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: mahilchii on October 22, 2018, 10:59:25 AM

Quote from: contactmike1 on October 22, 2018, 10:22:04 AM

I will be the happiest person in this case, but the only what motivates government to accept crypto at the moment is tax and they want control citizens of their country.

That's correct people will live happily as they can make more money as a second investment and I believe it will change the atmosphere of a person. There will be no poverty as this system will entirely change the life.

Accept crypto means the government was officially declared the cryptocurrency as a legal payment system, it can attract more demand to use crypto as the payment method. For those early adopters of crypto and they will get a lot of money or even become the next millionaire. But it's so far away.

Jeroiswen

newbie

Activity: 32

Merit: 0

All the governments accepting cryptos will lead to more adoption of the cryptos. This will provide the users of cryptoscurrencies easy accessibility to their needs through the decentralized portals.

elitemobb

full member

Activity: 579

Merit: 102

This will be great news, but considering all the advantages of cryptocurrency, there will be countries that will not accept cryptocurrency because cryptocurrency will be able to simplify the financial system of any state by destroying intermediaries, namely banks, and then the state will lose huge profits

GabrielKiara

member

Activity: 273

Merit: 15

Well if that really happened it will be a great news. Then, crpyto will be used in a daily life will not just a dream again and everything can be simple as transaction with crypto.

zedaq

member

Activity: 420

Merit: 10

It would be great if this really happened, can you imagine what opportunities people would have? I think people's values would be completely revised, so I hope that this will happen very soon.

Ferris419

hero member

Activity: 1008

Merit: 501

Quote from: Idrisu on October 18, 2018, 04:20:12 AM

It will be a good thing to the populace if all the governments across the world accept bitcoin and others altcoins but for us the cryptocurrencies enthusiasts and promoters I think governments is going to bring it power into it and force many out of blockchain technology.

Sure if all the government approve bitcoin, altcoin overall cryptocurrency, it will be very good news for all kinds of crypto related people and also developed blockchain technology. People will know more about crypto and they will know how its works.

garciacarral

jr. member

Activity: 153

Merit: 1

If governments will accept crypto wouldn't they want to become part of it? Can you imagine how big will be their part in this market? Maybe they will be able to even take control over the market.

mmo_online_1981

sr. member

Activity: 798

Merit: 250

If Bitcoin and altcoin are approved by all states. Bitcoin will become a secured asset and can do a good job of monetizing it!

santino11

full member

Activity: 448

Merit: 103

Then there will be more value in cryptocurrency.
There will be more merchant who will accept the crypto especially BTC.
It will be the best time to settle with crypto and let FIAT gone.

mitchel_am

member

Activity: 378

Merit: 10

If all the governments would start to accept crypto then for sure the market will have a growing explosion because people will start believing more in crypto

overnight03

member

Activity: 308

Merit: 10

If all government accepts the crypto, I think crypto will be popular and a lot of people will trust the crypto that will make the price of the crypto increase rapidly, those who keep many bitcoin, they will become rich quickly

georgereyes

newbie

Activity: 77

Merit: 0

Would be good, then they can attach a name to wallet ID lol

mahilchii

member

Activity: 560

Merit: 13

Quote from: contactmike1 on October 22, 2018, 10:22:04 AM

I will be the happiest person in this case, but the only what motivates government to accept crypto at the moment is tax and they want control citizens of their country.

That's correct people will live happily as they can make more money as a second investment and I believe it will change the atmosphere of a person. There will be no poverty as this system will entirely change the life.

Niobeh

member

Activity: 275

Merit: 11

Quote from: contactmike1 on October 22, 2018, 10:22:04 AM

I will be the happiest person in this case, but the only what motivates government to accept crypto at the moment is tax and they want control citizens of their country.

There will be no more crisis in society and all people are living to the fullest because they can already earning good moneys in this technology, it can be more progressive as well. I hope governments will already accepted crypto towards changes.

contactmike1

sr. member

Activity: 672

Merit: 251

I will be the happiest person in this case, but the only what motivates government to accept crypto at the moment is tax and they want control citizens of their country.

-Newera-

member

Activity: 196

Merit: 49

I do not think that will happen so fast. The crypto sector is still too unregulated and that is a big thorn in the eye of the government. In addition, they feel threatened in their own banking system. I believe that individual Cryptocurrencys could be allowed, but this will not apply to the entire crypto area.

sanasara

jr. member

Activity: 196

Merit: 1

yes it will be very benefical if all governments will accept crypto and announce it as legal work in their prespective country it will be more useful for all new investors to come in this feild and invest their income as well as old member will aslo feel safe and more strong in thier work.

igor.vanyutin.83

member

Activity: 294

Merit: 10

This will lead to the mass adoption and as a result to huge prices increase. The total supply of the most coins is limited and the more people are interested in it, the more valuable the coin will be. I hope the first coin that is going to be accepted is going to be ETH. And I cannot wait for the mass adoption to become true.

Malkazimir

full member

Activity: 434

Merit: 100

Quote from: juragankambing on October 18, 2018, 04:10:13 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.

Yes, it would be perfect, but unfortunately, this is unrealistic. I do not believe that this can happen in the near future. The crypto market is still too young. Too high risks. I think that in the next few years nothing will change.

YuriiD

newbie

Activity: 11

Merit: 0

Quote from: joelsamuya on October 18, 2018, 05:12:43 AM

Quote from: juragankambing on October 18, 2018, 04:10:13 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.

Thats correct, but the government itself has fear of accepting this currency, maybe they already had their research regarding the advantages and disadvantages if they could legalized this currency in a certain country, i bet they could accept crypto in the near future, but now, they are still maybe spying on it.

Govermants do researches, now there a lot of discussions about governmental regulation of crypto. They cannot just ignore it and more people use it more is their interest, don't you think?

Topic: What if all the governments accept crypto? - page 14. (Read 2796 times)