Which coins will remain as the official currencies for goods etc. ? What do you think?
I believe that even if crypto becomes legal in the world, then I believe bitcoin would be the means of payment for transactions carried out in the crypto sphere since bitcoin is the coin that is widely accepted in all part of the world and a lot of persons already make use of it as a means of transaction, in my country we have much more persons making purchase of bitcoin than any other crypto coin in the world because they use it as a means of transaction. 
Topic: When cryptocurrencies are legalized - page 2. (Read 307 times)
Which coins will remain as the official currencies for goods etc. ? What do you think?
So far in our country where the government is neutral in regards to crypto, bitcoin is the only crypto accepted by some merchants. In the future there might be other altcoins that might be accepted by other service providers or merchants.
Which coins will remain as the official currencies for goods etc. ? What do you think?
I think currencies that will remain as the official currencies are the coins that are performing good and already at its peak. I think of this because these are the coins that are guaranteed to become more profitable than they are profitable right now. And surely they will regulate these coins as well.
About the title: Legalized?! Unless they were declared illegal, they are legal. Did potatoes ever get legalized? So the choice of words is incorrect.
In each and every country the official currency is that country's currency. Some sort of exception are the EURO countries which all have replaced their currency with EUR.
Replacing fiat currencies with crypto is a very far step. I'm not convinced that this is what you asked.
But some coins are and will be accepted by the merchants (directly or indirectly, in the second case they'll get fiat at the end of the day). This development gets more and more traction.
Which coins? Some will make deals with businesses and payment processors and will have an edge. Some already established coins will clearly be on that list too. The others.. they'll have to work on it and it won't be easy.
Bitcoin and Ethereum are almost surely on the list.
Maybe Litecoin too.
I can't tell about the rest.
Which coins will remain as the official currencies for goods etc. ? What do you think?
In each and every country the official currency is that country's currency. Some sort of exception are the EURO countries which all have replaced their currency with EUR.
Replacing fiat currencies with crypto is a very far step. I'm not convinced that this is what you asked.
But some coins are and will be accepted by the merchants (directly or indirectly, in the second case they'll get fiat at the end of the day). This development gets more and more traction.
Which coins? Some will make deals with businesses and payment processors and will have an edge. Some already established coins will clearly be on that list too. The others.. they'll have to work on it and it won't be easy.
Bitcoin and Ethereum are almost surely on the list.
Maybe Litecoin too.
I can't tell about the rest.
Which coins will remain as the official currencies for goods etc. ? What do you think?
No such thing as official coin, remember that almost all government bodies did not favor the creation and legalization of crypto, maybe they allowed the use of crypto but i think there would be no official coin, but i believe bitcoin shall performs the best.
As of now bitcoin, ethereum and top listed altcoins will get more acceptance into the marketplace and on other services. Earlier bitcoin was the only asset that got some form of legal usage on Marketplace and services. Further slowly the acceptance of ethereum and other cryptocurrencies gained importance when it gained good support from common people.
Hhmm its a question all of people in crypto world, as long as goverment didnt see or realize how important this crypto world, dont hope it will legal, but i dont care about it as long as i still get profit from whos care about legal. hahahaha
Its already legal in some place while its remain neutral on most country. You still have to care because if your country ban cryptocurrency for sure you can’t earn money anymore. This is the concern of all hodlers, we want the status of cryptocurrency to become legal and it can happen in the future but its impossible to tell when. 
It seems to me that Bitcoin will always exist. And it will always be in the top. It will be in the future world currency. I think that it is in Bitcoin that you need to invest now.
Hhmm its a question all of people in crypto world, as long as goverment didnt see or realize how important this crypto world, dont hope it will legal, but i dont care about it as long as i still get profit from whos care about legal. hahahaha
It's likely that in 5-10 years the market will become much more mature, and we will no longer see too much position change with top-10 coins. As global adoption by non-enthusiasts is possible only when cryptos are extremely simple and understandable, it's possible to assume that the markets of the future will accept most of top cryptocurrencies, as they will be popular and with relatively low volatility. Also, sellers will have the right to choose what cryptos they accept. As for the governmental system, payments within it and so on, they will be more regulation and most likely some official statements from each government on which cryptos are officially accepted and supported. But I think this will require more time than 2-3 years, especially in underdeveloped contries.
Which coins will remain as the official currencies for goods etc. ? What do you think?
This is one of the most important questions for the market. The most recent G20 meeting was decided on this issue. But we haven't seen any progress yet.
They (will) regulate those currencies (like BTC) because we use those major currencies.
You are not using BTC just because the government told you that it is safe to use.
Don't let the regulators manipulate you. It is the opposite.
At first, there will be some regulations on the major currencies like BTC, ETH, LTC etc... but it won't affect your ability to use crypto. You can always choose to use DOGE for example which nobody gives a fuck about and it'll work just as good as those "official currencies". Or you keep using BTC and it'll work just as good as It always have.
There won't be official of anything. Crypto is all about free market.
You are not using BTC just because the government told you that it is safe to use.
Don't let the regulators manipulate you. It is the opposite.
At first, there will be some regulations on the major currencies like BTC, ETH, LTC etc... but it won't affect your ability to use crypto. You can always choose to use DOGE for example which nobody gives a fuck about and it'll work just as good as those "official currencies". Or you keep using BTC and it'll work just as good as It always have.
There won't be official of anything. Crypto is all about free market.
Which coins will remain as the official currencies for goods etc. ? What do you think?
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