What will happen if banks / governments join the party?

[VarDiff]

Many governments already joined and started to build controlled mining farms and closed-end crypto funds.

Don't think that in the government works only old people who do not understand what a computer is and how to spell the word "bitcoin"

There are many young and enterprising people who see the opportunities and have the power to realize these opportunities very quickly. And the more corrupt the government, the more interest it shows to the crypto

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[joemanabat05]

it will make a big difference if it will join the party on bitcoin.

[Alerter]

Governments will never accept fully anonymous coins like Monero as a legit currency. They need to control transactions.

[natecushnerman]

Governments will never accept fully anonymous coins like Monero as a legit currency. They need to control transactions.

That is true by all means but still I believe these guys understand the changes coming and they are pushing their high resources to obtain some power there like a huge mining farm or a big amount of BTC. Also, they have an option to meet guys like Vitalik and chat with them privately.

[Londoonik]

it will probably happen in next couple of years, more and more. we will see how it will turn out, but i think anonymous currencies will be the game changers

[dx_twisted]

It will be regularized and monitor the in and out flow transactions of digital currencies circulating within their country. But there's a low chance they will be able to determine on what kind of transactions those coins are involved, this is specifically true, especially that majority of digital coins were anonymous. I also doubt that they will be able to control the volatility issues of cryptocurrencies, as no such entity that controls it. And add to the fact that supplies are not being produced by the central bank. The major impact of this currencies to one country's economy is being an additional asset or resources that will improve its economic growth.

[helin9108]

If this happen then all altcoins will go to moon for sure and particular Ripple will go to moon because Ripple is been created for special banking system.But there  should be some regulations so that to avoid scam. And if banks comes to the party, I think this cryprto market will be in much control.