Bitcoin Forum

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Is there any future of Cryptocurrencies?

in some countries like India,Pakistan,Indonesia and many other countries cryptocurrency are banned Can these countries should use crypto to make best future???

 I'm want to know your knowledge about crypto and also your opinions


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It depends actually, but it can affect the country in a positive or negative way like when it comes to their economy. Cryptocurrency has the potential to give them the future that they wanted but there is no assurance that they will change their own mind when it comes to legalization. It is also beneficial to the people and the country, it can give them a lot of opportunities. We have different perspectives and maybe they just see it as something like opponent.

If for my knowledge in cryptocurrency is still very minimal, but for the future cryptocurrency seems to be there, but it still takes time, and if for gold mining it is good for us to do, because given that gold often experiences price rises lately, so very good for storing or mining.

Mining is a business and it is also quite profitable but it is definitely not a good industry for people to pursue.  Because both gold and bitcoin have limited supply, they are not infinite resources.  In my opinion, the real estate business is a great future business.  people are born more and more and need more land to live.  In the long run, land is the most valuable thing.  What do you guys think?

It’s hard to predict, but I think that cryptocurrencies could help these countries, but their fear of cryptocurrencies does not allow this. I believe that someday cryptocurrency will be adopted by the world and a great future awaits us.

I think crypto has a bright future, because it's the inevitability of the economy. Some countries are trying to limit the growth of crypto but that is impossible.
Mining is not future of crypto, because POS is predominating against POW.

Not sure about that , i things that make it hard to accept cryptocurrency because the price is unstable. The fact minning cryptocurrency is now not worth because the price and also the electricity cost way too much than what we got from do minning

China is already launching their first "crypto", Facebook is doing the same, Microsoft, Amazon, Apple and Samsung are actively investing into blockchain technology  and will maybe launch their own crypto. Blockchain is here to stay, crypto must fight for survival.

There’s a future for cryptocurrencies but it will depend on every country whether to adopt or not, western countries are more supportive to cryptos so technically the future for cryptocurrency will be good there. Those who banned cryptocurrency sees differently, maybe its not good for them right now but hopefully they will adopt in the future just like many countries.

I think you need to do deeper research regarding this because you seem like misunderstood about something. I am an Indonesian and my government does not ban cryptocurrency.
the government is only restricting us and not allowing us to use cryptocurrency as form of payment to pay our needs.
other than that, we are allowed to trade it and hold it.
and about the future, cryptocurrency has a bright future or at least blockchain itself is something that can help us digitalize our life.

  I think the future of electricity money will thrive. Countries like India, Pakistan, Indonesia .. although banned, many people there join the Crypto market to make a lot of profit. That will greatly improve the country's economy. Although the crypto market has not been restored as before, I believe in the future they will thrive and be used by many users.

Blockchain technology is the future, it will help to digitize our lives and this will facilitate access to any data and it's important, it will help in the fight against corruption. Over time, cryptocurrency, as a form of digital currency, will also be accepted by the world  community. It takes time.

There is a bit misinformation there, bitcoin and cryptocurrency is not banned here in Indonesia. Why do i know? Because i'm from indonesia and bitcoin is not banned here, everybody can use, access, trading or anything with bitcoin with perfectly fine.

In my opinion, there is a future for cryptocurrency but we never know what will happen to crypto. My bet is crypto will become mainstream in the future.

China has not launched its tokenized currency yet, they do not share when will it happens too. It is too early to talk about them since the process might take a year or years to finish their regulation and product.


Blockchain is the future but I do not think blockchain can help us fight against corruption because the corruption itself has nothing to do with blockchain.
and I doubt cryptocurrency will be used as a method of payment in the world. Personally I think it is just going to be another asset.

I think those country aho already banned crypto are those country who have a big interest in making and launching their own crypto. Don't be sarcastic because all we know that all of us need crypto in our daily life and transactions because it makes our life more easy. In using crypto in present time or in future is advantage.

For your information, I think in Indonesia, cryptocurrency does not already ban. And I hear that in that country, many people still use cryptocurrency for trading and make money. I think that will happens too in another country and people still doing that even if the government doesn't allow cryptocurrency in their country. Cryptocurrency has a bright future and people know that so they still trying to making money from crypto. I think in the future, we will see another country will accept cryptocurrency.

I guess such countries had their resons for banning crypto. it's unreliable subject for many and a threat for those who control fiat.

Yes I can confirm about this, the Indonesia government does not ban Cryptocurrency only forbid it from being used as payment method, Indonesia people still can have crypto but just for investment.

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At present Crypto scale is still very small, so it is still too early to mention that in future cryptocurrncies and gold mining is everthing.

We can be sure that this can happen if large countries in both economies of scale and population begin to develop crypto and encourage their people to use crypto.

I participated in many bounty ICO campaigns and I see that many of them, having the ability to securely collect certain data on the basis of the blockchain or to disseminate information about the provision of their services, really help people, because it is the first opportunity to use this new technology and the Internet to spread your business on a global scale.
As an example, I will cite a situation where merchant ships that delivered certain goods to ports of the world disseminate information on the Internet about the possibility of transporting goods on the way back and using their tokens can quickly solve all financial issues. Previously, it was not possible to quickly disseminate and use such information online on a global scale.
Since cryptocurrency creates additional conveniences for people, it should develop.