Now everybody scary that government will ban the ICO in their country. Which country will be the next?
countries dont bann ico, they dont care about cryptocurrencies, they are just dead pieces of land. the question should be correctly: which countries banker cartel will ban ICO;
my opinion there are multiple faktors behind it. My point of view with the information that i have.
1. Infrastructure complexity population density and the dependence of the local population on continuing the current financial systen, with its diversified economy.
2. The greed, determination and ability of the "countries" established banker cartel and the privileged elite around it to keep their power.
3. The "countries" ability to effectivly ban without winning just temporarily pyros victorys in the long term.(that is even difficult for china)
Countries where first two "metrics" match strongly are: China, Korea(north and south), japan , South Africa, Nigeria, Vietnam, Zimbabwe
all three match only in china, maybee future india too but for india the point 2. is not sure, so i dont list it.
Russia is likely too but russia doesnt fit into faktor 1. very strongly. despite strong (2) and (3)
The third faktor excludes many western european wealthy democracies out of this. Including north america.
my best bet after all outside of china would be Turkey despite slightly weak (1), Japan, could be likely too but the ban would not be comming from the banker cartel but by the population demands if cryptoeconomics doesnt fit their infrastructure security needs. because japan has a strong (1) and a strong (3)
but india and bangladesh are also warm second guesses in this... even pakistan could join this list, but the government is weak there... (2!)
Furthermore good and special candidate is Java (1&2&3) dominated Indonesia here a true maybe even totalitarian interest conflicts lies, with overpopulated java (1,2,3) beeing in a conflict with rest of indonesia that is low populated. Cryptocurrencies could seriously stress the integrity of Indonesia.
African countries have in general Strong (2) but weak (1&3) so there will be some candidates from there too (Nigeria, Southafrica, Zimbabwe, Erithrea, Ethiopia, egypt) These are likely banning maybe even financial inquisition Candidates (zimbabwe has had its history with financial inquisition already) but they are not very rich to fight Crypto Currencies in the long term.
PS: A Big and Important Exception to consider:
financially specialised City States like Singapore, Hong Kong, Luxembourg, UAE Dubai, Qatar but also less financial Brunei, Macao, Bahrain match all three (1&2&3) good but they will not likely ban because of their economic structure (financial hubs, Gambling etc.) so they are not in this list despite economic interest good faktors for (1&2&3) considering that, makes this analysis content.
i hope i was able to help you with this
regards
Scorpio
