A significant surge in cryptocurrency investment has swept across the globe. Every country worldwide is now actively considering their stance on cryptocurrency. Cryptocurrency was even at the center of the US election. Various studies have shown that cryptocurrencies could dominate the economy in the next few years. Despite the political divide in America, Republicans and Democrats agree that cryptocurrencies will dominate the economy of the future. A survey found that more than half (53 percent) of Americans see crypto as the future, including 59 percent of Democrats and 51 percent of Republicans.
Currently, Americans want the regulations for crypto to be more transparent so that they can adopt it better. Republicans and Democrats also agree on the need for regulation to ensure that it becomes a safe investment option for American investors. 4 out of 5 Americans have a positive view of crypto. The acceptance of crypto among the American youth is so high that the American government is also paying special attention to it. A majority of older voters among American citizens also believe that crypto will create a more equitable economy with less reliance on banks and financial intermediaries. Crypto is currently the top investment choice for people aged 18 to 40 in this country. In almost every country in the world, the positive attitude towards crypto is increasing day by day, as a result of which cryptocurrency is going to play an important role in the economy in the future.
Will you agree with the thought that cryptocurrency is going to make a significant contribution to the economy of every country in the world ?
They need survey to tell them this, the main source of crypto market money sit in the united state which is about $82B and not only used by the US alone, it is now part of the Defi and Cefi in crypto space and regulating it will only work for the Cefi which we all regard as the centralized finance of the cryptocurrency. Regulation might work though but will be restricted to the US citizens, the man who live outside the united state don't give a damn about their stance about crypto.
If your stats are correct, I have a feeling that they are going to pass a bill that will favour people because you just said about 53% of the Americans see crypto as the future, if they don't do it, another person will use it to campaign in the future to win in order to pass the bill. There were rumours surrounding a wallet that contains about $500k in Eth that may belong to Donald trump and we all seen how he has been going underground to create some waves against next year election.
The contribution of cryptocurrency to world sit beyond what politicians think, it's the will of the people and one day, whether they like it or not, they will allow the free of people to work even if the government don't encourage it, so far there is nothing illegal about it, the adoption must agend with the people, either today or tomorrow, or with and without Americans.