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Topic: What if all the governments accept crypto? - page 20. (Read 2837 times)

sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
October 18, 2018, 06:49:52 PM
#33
If the government approves the cryptocurrency transaction, the market will become more diversified as there is more choice for currency payments. Cryptocurrency will become a potential future for large amounts of money transfer and receipt due to the reasonable transaction fee.
full member
Activity: 798
Merit: 100
October 18, 2018, 06:36:55 PM
#32
That would be wonderful. For cryptocurrency it will be a huge step in development and I think that its adoption will also contribute to a good mood in the market and the success of ICO projects.
member
Activity: 596
Merit: 10
October 18, 2018, 06:21:03 PM
#31
I think this will have a very positive impact on the cryptocurrency. Investors will feel support from the state and know that their rights are protected.
full member
Activity: 1848
Merit: 158
October 18, 2018, 06:17:00 PM
#30
that would be great as long as they will not get high tax from using the crypto. otherwise, this is another source of their corruption.
sr. member
Activity: 854
Merit: 253
l0tt0.com
October 18, 2018, 06:16:01 PM
#29
If one day the government legitimizes crypto and accepts the circulation of the electronic currency, the exchange rate will increase rapidly, and the cryptocurrency market will develop more than the present time. But that ability is low because the government is concerned that cryptocurrency will affect the economy as well as the many individuals who use cryptos for money laundering.
sr. member
Activity: 1092
Merit: 250
October 18, 2018, 06:15:22 PM
#28
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.

more demands coming to crypto will increase the value of crypto,
but remember only for a cryptocurrencies with a lot of potential mate, not a shitcoins  Wink
full member
Activity: 759
Merit: 105
October 18, 2018, 06:14:36 PM
#27
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.
Maybe you were right, but i think it will just take a lot of time before we get it. Making most crypto to accept in the government is a great idea but the idea is uncanny to think that crypto is being used all around the world and to make the government support from it. I don't know who's authority are we talking here since it could be used world wide, maybe they could make something like a unique watermark from it to distinguish it from the rest of the coins.
hero member
Activity: 3080
Merit: 603
October 18, 2018, 06:08:22 PM
#26
They only fear because the government is prohibiting it or never support it.

That is right when the government starts approving all of the crypto related laws and transactions, fear will be gone and even the people that are scared of crypto's will start investing and that will cause a hype. As usual when many are buying, demand will increase.
member
Activity: 183
Merit: 10
October 18, 2018, 06:04:58 PM
#25
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.

Everything is correctly said that as soon as the cryptographic receives the approval of all governments, the flow of investment in the crypto industry will increase, but with the advent of control over the crypto market from the government, it will be possible to forget about the high volatility of the rates.
hero member
Activity: 2184
Merit: 513
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October 18, 2018, 05:50:55 PM
#24
If the government approves of cryptocurrency, then all people on the planet will be easier to live. The question is, is it profitable for the government to approve cryptocurrency? After all, it will completely destroy the economy that is now
A small country with small gdp may get destroyedby the existence of cryptocurrency,their economical state is quite fragile that a touch of cryptocurrency could potentially destroy their economy. just look up to those country and compare their overall market capitalization to cryptocurrency's
jr. member
Activity: 280
Merit: 1
October 18, 2018, 05:45:18 PM
#23
If something like that happens it will bring the rapid increasing interest from the society to the whole cryptomarket. Of course it may be the real signal for the society that cryptocurrency is trustworthy as it is accepted by the governments, but there are too many nuanses there in this direction at the same time. It seems to me that rules of the cryptomarket and of the crypto world in whole will change substantially in this case

Until recently, many governments will resist the recognition of cryptocurrency funds, as in this case they will not be able to control all cash flows and take away taxes from the population. In the end, new technologies will win.
full member
Activity: 265
Merit: 102
October 18, 2018, 04:22:39 AM
#22
If all government accept cryptocurrency of course this will grow and we really need this in life for more secure like we can save here then in bank even we need to risk here still our money here is in our own place another thing we have wallet here in our country that really trusted with fiat and digital wallet so this give so much conveniece to us in saving with low fees then with many kinds of payment method like bills
full member
Activity: 546
Merit: 105
October 18, 2018, 04:24:23 AM
#22
If the government approves of cryptocurrency, then all people on the planet will be easier to live. The question is, is it profitable for the government to approve cryptocurrency? After all, it will completely destroy the economy that is now
jr. member
Activity: 350
Merit: 4
October 18, 2018, 04:22:23 AM
#21
Government involvement will make millions of people all round the world to fully trust crypto but we all know how governments are ,I think it won't end well
full member
Activity: 773
Merit: 100
October 18, 2018, 04:21:30 AM
#20
After the adoption of the crypto there will be a lot of taxes, restrictions and other nonsense. Initially, the idea of crypto was to remain anonymous and I think that many want to stick with it.
newbie
Activity: 126
Merit: 0
October 18, 2018, 04:21:15 AM
#19
if it happens more circulation of currency with result of more trust of public and prices of every currency will touch the sky.
member
Activity: 532
Merit: 41
https://emirex.com
October 18, 2018, 04:12:43 AM
#18
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.
sr. member
Activity: 1092
Merit: 254
October 18, 2018, 04:06:23 AM
#17
If something like that happens it will bring the rapid increasing interest from the society to the whole cryptomarket. Of course it may be the real signal for the society that cryptocurrency is trustworthy as it is accepted by the governments, but there are too many nuanses there in this direction at the same time. It seems to me that rules of the cryptomarket and of the crypto world in whole will change substantially in this case
newbie
Activity: 11
Merit: 0
October 18, 2018, 04:01:24 AM
#16
If governments will start accept crypto, then mass adoption begins. And the market will go up:)
jr. member
Activity: 364
Merit: 1
October 18, 2018, 03:57:45 AM
#15
As cryptocurrency is evolving by day, positive nod from all governments will bring about massive revolution in the crypto space as many well meaning individuals and corporate organizations will be dabbling in with huge investment which inevitably will make crypto world rosy for both existing stakeholders and the new ones
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