What if all the governments accept crypto?

[travwill]

It will not happen soon. Cryptocurrencies now hang out like a small boat in the ocean, no stability. Imagine what will happen to the country that invests part of the budget in cryptocurrency in today's market. It will be a disaster.

[Torbeks]

I don't see it happening as every country has its own law. However, if it happens I think crypto will be stable than we can avoid the situation where in the coin drops its price at an unreasonable rate. More investors will invest because they will trust crypto more. There will be a lot of investors in the market compared to what we have now which is only a few.

[mine2slow]

If all governments support cryptocurrencies, bitcoin will grow wildly. This kind of exhibition will lead to the disappearance of the stock market. In the future, all companies will issue their own coins instead of entering the stock market.

There's no point in discussing "what would have happened if..." cause this won't be, it's utopia! Not all countries will legalize BTC, but we don't need it. We need China, India, USA, and Europe to do this cause they're the strongest world economics.

[gundala]

It will not happen soon. Cryptocurrencies now hang out like a small boat in the ocean, no stability. Imagine what will happen to the country that invests part of the budget in cryptocurrency in today's market. It will be a disaster.

Moreover cryptocurrency is quite phenomenal and raises a lot of debate. Every government is very careful in taking policies, this is very related to the economy. High price volatility, anonymity, and several other factors make some governments categorize cryptocurrency as a high-risk investment.

[sadmaster]

I think this won't happen because crypto currency is highly unstable in the sense it would create chaos in the economy and would cause disaster. It also impose threat for government authorities.

[Xmm]

If this happens all the same, we will witness a new era of development)) and of course all who are in it now will be rich and successful! I really hope for it!

[clololck]

The government is not worried about cryptocurrencies. The cryptocurrency has little impact on the government. In the future, I think the government will accept cryptocurrencies, but this may take ten years. Ten years later, in addition to Bitcoin, other altcoins may be rare. Part of the altcoin will continue to exist.

[jonaire99]

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.

Most of the governments are not keen on accepting cryptocurrencies unless they are not decentralized or can be regulated. Cryptocurrencies are also high in volatility and posses greater risks to those who don't know to deal or manage it than the ordinary currencies. Government favors centralized currency because they are more manageable and safer to use. Only time can tell when will governments accept cryptocurrencies as legalized payment system.

[Orenonex]

In a few years this will happen. Governments simply have no choice. They either legalize cryptocurrency, or will be left behind in development.

[mr.robot8]

everything would be much easier if all the governments accepted the crypto, there would be a lot more investors, more and more people would approach the crypto world, and i think prices would generally grow too

[acmrl]

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.

Peoples are not trust to crypto because of goverment's descriptions about crypto market so if governments support to crypto currencies and bitcoin, people can trust more easily and more investor comes to market.

[masterkiller]

Then the biggest impact is probably the continuous price increase, and digital crime will certainly continue to grow, everyone here might hope that it will soon be realized, but I don't think that is a dream, someday all countries in the world will have their own crypto currency because of course it is a world demand that continues to accelerate the economy

[leow]

I think this is inevitable, governments will sooner or later accept cryptocurrencies as a means of payment for goods and services. In many countries, you can already buy a lot of things for cryptocurrencies, taxes are already levied on cryptocurrencies. If the government did not have serious intentions regarding cryptocurrencies, they would not do it