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Topic: What if all the governments accept crypto? - page 9. (Read 2837 times)

jr. member
Activity: 122
Merit: 2
”Decentralized Digital Billboards”
November 04, 2018, 03:00:51 AM
This would be great time for crypto if it is accepted by government. I think with that lot of regulations will limit some features of crypto. Even though getting regulated as you said lot traditional investors will start to invest on crypto and market will raise also. accepting crypto will depend of financial vision of each country. As that some countries will accept and some won't.
full member
Activity: 406
Merit: 100
November 04, 2018, 02:59:47 AM
The government has many considerations to be able to accept crypto. As far as I know, there is no goverment that prohibits investment in the crypto world. It's just that there are indeed some countries that prohibit crypto as a means of payment, for example in the Asian region. Crypto is prohibited as a payment instrument because it is feared that it will cause turmoil in the decline in the value of the official currency. Investing in crypto can indeed be very profitable but must be prepared for all the risks and even high risks. You must be prepared to lose some of your money!
sr. member
Activity: 1456
Merit: 253
Margin Trader
November 04, 2018, 02:58:47 AM
It will never ever happen! In this case they will lose control and centralization.
It is something unlike to governments, but I suppose that a new economy is coming and situation will completely change
full member
Activity: 602
Merit: 105
November 04, 2018, 02:58:32 AM
I think this question is a utopia, even if all the governments accept crypto currency, they will accept their own cryptocurrencies not some cryptogeeks developed coins:)
sr. member
Activity: 644
Merit: 250
November 04, 2018, 02:57:39 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.

It can be... never
A government can accept only own cryptocurrency which will be controlled by the government.
sr. member
Activity: 826
Merit: 263
November 04, 2018, 02:54:05 AM
Imo it would become like the traditional market.
member
Activity: 448
Merit: 10
November 04, 2018, 02:52:10 AM
in most of these cases, the entire government is considering regulatory laws and it will take some time before they decide
full member
Activity: 798
Merit: 103
November 04, 2018, 01:37:43 AM
I don't think it will happen now. Maybe in 10-20 years? Governments want to be able to control every transactions. With current cryptos, they don't control anything. They will only accept their own crypto if one day they decide to do it.
hero member
Activity: 1834
Merit: 523
November 04, 2018, 01:32:28 AM
We hope all government will accept cypto because for sure they have big impact to the value of the bitcoin of having supporters and that is government who supported cryptocurrency. But in reality not all government are agree to bitcoin some of them are against and they already banned bitcoin to their country.
full member
Activity: 406
Merit: 100
November 04, 2018, 01:26:36 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.
And you don’t remember about the reverse side of the medal or you think everything will be as smooth as for investors and those who accepted it. Think about what we will lose and what we will get.
member
Activity: 144
Merit: 10
November 04, 2018, 12:53:29 AM
I think this is a difficult thing for all governments to accept crypto, because every country certainly has different rules, even if they can be accepted in all countries, of course this takes a long time because everything needs process
I think that it would not be a really hard thing for the Government to accept Crypto. They may have already planned on doing it.
hero member
Activity: 1316
Merit: 379
WOLFBET.COM - Exclusive VIP Rewards
November 04, 2018, 12:52:14 AM
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.
That is true. But it will take the shine off the core concept of cryptocurrency - decentralisation. Government operate with a centralized mindset which gives adequate control. Cryptocurrencies are designed to place the control in individual hands. So there lie the conflict. I think the government is finding ways of integration. Japan is leading the way for government to give approvals for cryptocurrencies full operation.
full member
Activity: 1130
Merit: 133
November 04, 2018, 12:30:15 AM
For now it is still a debate whether indeed the state will support or not because each country has its own rules regarding the rules of cryptocurrency that they will apply in their respective countries. all different
Each country has different regulations about cryptocurrency.much of them still consider it as ponzi scheme.they did not look at this as technology developtment in digital payment.
jr. member
Activity: 347
Merit: 4
November 04, 2018, 12:27:50 AM
I hope if one day the governments accept crypto in all country, they can works properly with the blockchain technology, and there is nothing to be worried. Everything will under control and we can use both fiat and crypto to fills our need in daily, and we can make a better life in the future. I am sure that this will happen in the future because with the blockchain technology and the banks, it will give a good collaborate of the financial system and we can take the benefits of both.
full member
Activity: 430
Merit: 100
November 03, 2018, 12:28:21 AM
The fact is that although some countries permit the existence of encrypted money. But it will not recognize the legal status of the encrypted currency. After all, no one can guarantee the sharp fluctuation of the encrypted currency.
member
Activity: 602
Merit: 10
November 03, 2018, 12:02:41 AM
I think this is a difficult thing for all governments to accept crypto, because every country certainly has different rules, even if they can be accepted in all countries, of course this takes a long time because everything needs process
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 03, 2018, 12:01:15 AM
If that scenario will happen wherein all governments would accept crypto then crypto will explode skyhigh. Many potential and new buyers will come and will participate in the many things crypto will offer and that will cause a massive boom in the crypto economy. We should all be thankful at that point.
member
Activity: 574
Merit: 12
November 02, 2018, 11:55:52 PM
I think it's like that, the ICO project is very vital regulation, with the regulation investors can calmly invest their capital in a project ICO without worry, the problem is that if the country is making regulations about ICO ... I think China is frightened if its residents divert all of its assets to invest in ico
If there is moderate regulation of the ICO process by the state, it will be a good time for the cryo-currency and all participants in the cryptocurrency market. If in such very harsh conditions the ICO is still surviving, then in the future if the state will filter out fraudsters, this will be the real flourishing of the ICO. Headhunters are primarily waiting for this time.
sr. member
Activity: 1610
Merit: 406
PredX - AI-Powered Prediction Market
November 02, 2018, 11:11:17 PM
For now it is still a debate whether indeed the state will support or not because each country has its own rules regarding the rules of cryptocurrency that they will apply in their respective countries. all different
full member
Activity: 381
Merit: 100
November 02, 2018, 11:05:27 PM
Unstable condition i guess since the platform weren't safe for all people common use, eventough the platform will be upgrade to the safest regulations if all government  work together to create one.
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