What if 5 head of the big country are Cryptocurrency supporters?

[kolitski]

If that is happen that 5 big country are crypto currency supporter i think that would be big help to make crypto currency being more popular and other small countries will follow being supporter too.

[Bitfling]

Even with my imagination I can not visualize a situation like this, but why not, world is unpredictable  . This step would be huge for the whole industry which would suddenly get an insane attention. Masses are not having their own opinion most of the time and this would turn their "crypto-hating" part of the brain off. Businessess would have unbelievable competition and a success would never be seen as something granted. People would free themselves financially (not entirely, but every single step towards this goal is a success), developing countries would follow and their quality of life would grow even faster. The only limit in the world of technology is our own imagination. Individual freedom is an asset the world is currently lacking off and crypto might turn this process around. A single spark can start a fire  .

I am agree, if big 5 country support cryptocurrency, i am believe others country will following. It will bring mass adoption for cryptocurrency and the industry must reach trillion dollar market cap value. America is big financial center and if regulating crypto, the price of bitcoin and others coin will rising

[Nggedebus]

If that were really happen, then the future of cryptocurrency to grow bigger will be wide open and the pace will get fasten compared to what happen today.
And with those country influence, it should be able to minimize any chance of scam to occur.

[coin-investor]

It will have a huge impact but I doubt if they will allow cryptocurrency to be used, as their main currency, they will just allow coexistence between their controlled fiat and cryptocurrency, they will just allow their citizens to hold and trade and businessmen and merchants to accept cryptocurrency.

[Fluxtorrence9]

Yes I believe if that if top 5 big countries are fully backing crypto up it will help the adoption rate marginally but I think we will get there someday ,the only problem we should try to solve now is reducing the scam rate which is why we still have few investors in crypto space

[neonshium]

This will certainly accelerate the adoption process. We know that Crypto still needs great support. And hope there will be regulations that can protect investors or all those who invest in Crypto. This will also increase trust in all investors.

Well, that sounds great but trust me that is never going to happen. All these countries in one way or the other are in sought of cold war running for power and cannot let the other country make money more than they do.

More money, more power. And for your information, China does not accept Bitcoin at all due to her policies so this is never going to happen though it would have increased the price level to the highest peak.

[mrdeposit]

If that were really happen, then the future of cryptocurrency to grow bigger will be wide open and the pace will get fasten compared to what happen today.
And with those country influence, it should be able to minimize any chance of scam to occur.

The positive opinion of the big countries on this issue will definitely affect others. This is not a matter of any country or owner, but something the whole world should accept and others' positive behavior will trigger others.

[XbladedThanos]

Just Cryptocurrencies I think even though they publicly support that they will have to be using the technology for payment purposes in large scales which means fiat is in trouble the only way that might happen is through stable currency which for sure will take very large amount of time to execute

[cryptowolfsu]

I do no think it would change anything. It is more important  if ordinary people support crypto and realize
it`s benefits and start using it in everyday life. Then governments will follow as well .

[Akoldi_ibk]

We might not be able to fathom the impact their support will have on cryptocurrency, but it will go a long way in legal aspect of it. One crucial behaviour of most governments is that there is always a catch to suddenly yield or support of what they know they don't have control over.