What if all the governments accept crypto? - page 5.

pinoyden

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Quote from: bellaayu on November 30, 2018, 10:09:08 PM

If the government gives permission about crypto use it will have a positive impact on all investors and bounty hunters. Many investors will invest and they are not afraid of fraud. So crypto will be under government supervision and will be safer.

Frauds wont be lessen even if all governement will support the use of cryptos because cryptos are still anonymous and anyone can create a fake dummy account online but frauds arent only happening over the internet because even local currencies such as fiats do also experience it .

However i agree that this can also give a positive impact because cryptocurrency can become more credible to the public if they already sees that is now backed by governments .

darmin

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It is a form of support for crypto. so when a lot of countries or Governments willing to accept crypto then it will be able to make the price be increased. as some time ago where many have expressed rejection and make crypto crashed. This will also hold true in reverse if they want to receive crypto. but to arrive at that stage is not easy to achieve.

Bosmuda

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If indeed this is really good news, if the government can accept crypto, but even though it has been approved this is certainly a long time, because until now there are still many governments that have not accepted the presence of crypto, we just wait in the future whether someday all government allows for cryptocurrency

bellaayu

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If the government gives permission about crypto use it will have a positive impact on all investors and bounty hunters. Many investors will invest and they are not afraid of fraud. So crypto will be under government supervision and will be safer.

cryp24x

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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.

Then we have to celebrate because we have the approval of the government as well as the society which means that we will have the freedom to make transactions by using Cryptocurrencies. We can also freely make projects that involving crypto and the awareness will be widely spread because there is no hindrance due to the restriction of the government.

rhomzkie26

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This is impossible to be happen dude, because as long as crypto is decentralized it cannot be control by them, even how many times they will try.
Unless they create their own coins which I could consider it they have the power to control it because the features is base centralization.
And besides nowadays most of the country are aware in terms of crypto also.

Cyptobonds1

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It will be a very nice idea if that can actually happen their will be more confident in people willing to invest in crypto as everything will be more secure and any project investors will be well known by the government before any action and their will be an opportunity for everyone to exchange funds from various countries.

dimonarka

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I think that if all countries accept cryptocurrency, it will be what everyone is waiting for. in this case, the cryptocurrency will spread and the rate will rise much

Ranly123

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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.

If the government allows cryptocurrency in their country, this will only mean that they have control over everyone's flow of income and would excise tax on our earnings. I thought that being anonymous and not being controlled by the government is better for cryptocurrency than being controlled by the governing bodies.

bitcoin31

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Quote from: SvetikB on November 30, 2018, 09:01:00 AM

That would be really awesome, not only for the users of crypto, but for the government too, because if the taxes for crypto are small, they could get additional money to their budget

Small taxes become big if millions of people pay, and remember once the government use and adapt cryptocurrency even the ordinary people will invest because government is one of the most powerful and people trusted in the world.

Bolivar_Tony

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Yeah sure, if just few countries like USA or China should adopt cryptos like the Japan did, I believe it will start going up immediately, and I think such a period will come though it might take some time but it will surely come.

NEERAJ ANAND

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If that happened then we will see a lot of new investors jumps to this market because many people invest only in government accepted entities and it will be a huge positive for cryptos and its investors but it will take time to happen this.

SvetikB

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That would be really awesome, not only for the users of crypto, but for the government too, because if the taxes for crypto are small, they could get additional money to their budget

abake

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Actually all governments cannot accept crypto so soon, even if that will happen, it will take a very long time. There are many factors to be considered before a government can legalise crypto, most fear it will increase crime rate, or reduce the value of their local currency. Also income gotten from tax will decline, hence governments accepting crypto won't be that easy, it will be like a bull horn passing through a needle's eye.

stefany101

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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.

If it will happen that Government will accept cryptocurrencies as the payment for the social transactions in their specific places then it will be a good opportunity for those people who are willing to own a currency in the crypto industry. They can run their own ICO project/s and I think the prices of major coins will pump once the investors breaks from the wall your are referring.

Chomsy

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This is so true. Big investors want to come out fully to play on crypto but government restrictions draws most back. Am really hoping governments accept crypto, it will bring a big positive change.

Fedots83

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Several governments make their researches about usage of crypto and blockchain technlologies, so I hope for the future to be extremely bright in this point.

berstabfido

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Just Hodl, guys

terible.hunter

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It seems to me that such an event will firstly increase the volume of cryptocurrency purchased, which ultimately will increase the cost of cryptocurrency, so I think that everything will be just better.

MegaPost

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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.

I fully agree with the statement that the recognition and legalization of cryptocurrencies will have an important and positive significance not only for the crypto market itself, but also for the entire global financial system. But many countries will not agree to such changes, since they will lose the ability to control all transactions.

Topic: What if all the governments accept crypto? - page 5. (Read 2796 times)