Your Country and Cryptos

[traderethereum]

until today, I think my government didn't give any statement about crypto and they only give warning for the people to beware from the crypto and be careful when the people want to invest their money in the crypto. the people need to know about the risk and should not blame other people if somehow they cannot make a profit like other people. I still waiting for my government giving a green signal for the crypto so people don't have to be afraid when they want to use crypto.

[tenebriscaelum]

In my country its only around 200,000-300,000 people(which is just an estimate) are trading, investing or mining in cryptocurrency. Which is a very small portion of the country. Most of the people here is still not beliving in it and is still focused in traditional trading. Also we inly have one way to buy BTC and ETH which is thru coins.ph then we just need to transfer it to other platform.

[labil88]

Unlike the circumstances in my country, bitcoin has not been legalized by the government as a means of financial transactions. Many speculations are circulating outside. Some say our country's government has not legalized the bitcoin for its fluctuating value, which means that the government is afraid that its people will be losing money if they invest in bitcoins.

[firozat01]

There is no work in my goverment about it, they dont care about crypto. But most young adults know about cryptocurrency and often discuss about cryptocurrency news, people are making big investments in crypto money.
Cryptos currency is future currency.

[klser]

Not many people know about bitcoin and crypto in my country. As for me, I heard about it only last year. There is not much advertisement. In general people can know about crypto from their friends, relatives.

[k-west]

In my country-Papua-New Guinea-it is  impossible to buy crypto,even in the capital-Port-Morsby Nobody gives a shit about bitcoin and other alts,I guess Im just the one of a few people  in my country interested in this industry.Thanks God Im having my brother working in Indonesia who's buying some crypto for me there.

[skinomanl]

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

In our country there are not much developed crypto-currencies and as in Russia so far all the adoption at the level of conversation. Mining is unprofitable, costs much more and wait for 10 years to recoup. Investing is more widespread, but only among those who believe and participate in it, and this is about 15-20% of the country, or even less.

[donalfonso]

In my country, almost every one who is literate up to college or university will probably have heard of bitcoin and crypto currencies, a lot of people trade in it and am sure we are the largest community from my continent (Africa) on bitcointalk, As for the government they are yet to take a position and am sure they are just adopting a wait and see position to see what other governments do. and even with the awareness unlike a country like japan its not recognized as an alternative means of payment.

[epidose]

Cryptocurrencies are slowly making its headway in our country and our central banks are looking forward to drafting rules for it. This would be rules are to regulate cryptocurrency transactions to protect investors and reduce the risks of fraud or scam. This regulation that set to be finalized this year would also cover the issuance and registration of cryptocurrencies. There are already a lot of crypto users in my country and many of them are also joining the ICOs so a proper regulation is needed for investors' protection and to prevent any scam ICOs in the future.

Sounds like the basic outline that everyone should hope their own country moves towards!

[Grifosha]

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

I'm from Russia. Our government is trying to control or prohibit everything. In the media, they say only about the collapse of bitcoin, but they do not talk about growth and prospects. About other criptocurrency, they say very rarely.

[f0rzef]

In my country, the crypt is seen only as an additional source to the budget, and that's it. The central bank tries by any means to deduce it from the shadows

[zlt220]

Here in my country, cryptocurrency isn't that encouraged, because bitcoin isn't not legalized by the government due to the less trust they've got to cryptocurrency, but there are many merchants that exchange bitcoin to cash for some stores receiving bitcoin as payment.

[epidose]

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

I'm from Russia. Our government is trying to control or prohibit everything. In the media, they say only about the collapse of bitcoin, but they do not talk about growth and prospects. About other criptocurrency, they say very rarely.

That's pretty bad, most people are only getting 1 small side of the story then.

[Ivy41]

Well in my own country, I can say cryptocurrencies just started to gain more grounds. Many people are getting more sensitised about it. I do not think any governmental proclamations has even been issued warning people off its having anything to do with it. My county is like a blossoming ground for Cryptos.

[Carina.P]

Well in my own country, I can say cryptocurrencies just started to gain more grounds. Many people are getting more sensitised about it. I do not think any governmental proclamations has even been issued warning people off its having anything to do with it. My county is like a blossoming ground for Cryptos.

This is normal, even after the policy has come out, it is quite a long way from us, and  can't even control it, let alone the county seat.

[mainthread]

I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.

I think that the less media focus on crypto, the easier it will be for us to work. Many stupid journalists write all kinds of nonsense. People have an incorrect understanding of what is happening. It causes a negative ... In any case, we understand that news is the manipulation ...

[uzitgc]

in my opinion only 40% of the total population in our country who knows about cryptocurrencies. But for the meantime since our government has not yet imposed regulations on cryptos so i am enjoying the benefits that i got from bitcoin and other altcoins for tax-free.

[mung_nasib]

In my own country there are still problems with this digital currency sometimes there are oblique stories about bitcoin so that the majority of people begin to fear and stop for investment but once the issues begin to ease they are still trying to make a profit in the future.

[livingfree]

Crypto's here in my country are popular to those people who are engaged with technology but it's not yet popular. However the government recognized on how powerful and profitable cryptocurrencies are. They are giving warning that they don't guarantee people that they'll earn if they are interested to invest because it is volatile. But there are also reports that we can't stop about crypto's being used as a medium for their scam, introducing their scheme through crypto's which is sad for the community.

[Agaton]

Based on my own knowledge, that there people in my country does not totally believe on the cryptocurrency business, they are doubt on the capability of cryptocurrency on how it really works in a long run business. However, there are also people who really access on crypto business without a doubt as long as they earn income. And in my own analysis, cryptocurrency is a thing that can eliminate economic problem all over the world. Hopefully government will support cryptocurrency on every country which crypto become freely operated.