What if all the governments accept crypto?

[olsyd]

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.

Absolutely agree with you and I will say more, I think, approving of crypto is a question of maximum several years and there are not single examples of countries which already approved cryptocurrencies, here is the small list - Countries Approving Cryptocurrencies

[fipper]

the development of crypto currencies will be very rapid and technology will also grow rapidly and of course crypto is accepted by all countries positive and negative sides will also emerge

[ngano ba]

That would be a great improvement of crypto currency ,if truly the government will accepts cryptos , it will give cryptocurrency the freedom to be used anywhere around the world , and this would make crypto more stronger through the acceptance of the different governments ,and the compfort of each crypto holders ,in using and transacting their cryptos.

[sniper2018]

If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.

Yes. It would definitely won't happen because bitcoin and all other crypto coins is created to be decentralized and not to be controlled by government. Also, if government decide to accept cryptos, the price will be stabilized and there will be no more chances to gain high profits.

[BlackPanda]

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.

If the government can accept crypto well then it will be an extraordinary progress for the technological era. Crypto is said to be a visionary financial system and has a very good level of security, therefore if crypto is well received by all aspects of the government system it will help improve the economy.

Just imagine that when financial transactions are easier to do, it will make things easier for everyone in the world.
Crypto brings many changes and we will all feel the benefits to the maximum in the future !!!

[Xiaolongnu]

It is impossible, we will not see this happen in 10 years. Accept crypto as fiat is not easy because there are many problems about the economy, criminal, money washing.

[ice098]

If governments accepted crypto then there would be no excuse to not make this digital currency a global currency. It would be great but I fear that it won't happen any time soon.

Yes. It would definitely won't happen because bitcoin and all other crypto coins is created to be decentralized and not to be controlled by government. Also, if government decide to accept cryptos, the price will be stabilized and there will be no more chances to gain high profits.

It won't happen because they can't implement rules to it and they cannot control it. Cryptocurrency will remain decentralized so if the government accept it, there's possible it might change everything about it. I think its better if government and cryptocurrency not crossed there way because they both have different rules and laws, so they will never be combined with each other.

[masterfu678]

I wish things were better. I hope that cryptocurrency earnings will be able to increase my pension, at least now I think so. And I would agree to pay a small tax for it, for me it looks bad

[topkhai]

That's what we expected, crypto was legalized. We will see that crypto will be very perfect. People will leave the old system. Everyone will talk about crypto. We don't know when that will happen, hope!

[Chomsy]

Honestly, this what I have been praying for. Governments accepting crypto will put a new face in the crypto world and traders won't be taken for granted or as nobody as some governments do now.

[Mytoken]

You are right. When encryption is approved by all governments, this will give the encryption market the best improvement, but at the same time its profits will change, because the government will control the investment profit!

[xuv500]

Well if government accepts cryptocurrency across all countries then I will consider it as the greatest decision of all time, but there should be some limitations also I believe there will be no financial problems or any crisis in public. I believe cryptocurrency will rule the world very soon.

[Suleiman the Magnificent]

Isn't that what we all dreamed of? I wish governments would accept crypto coins, but at least it seems unlikely in the near future. But I still don't lose hope. Someday they will accept and everything will be fine.

[dutechman]

If the governments should accept crypto I think this is going to be a welcome development in the crypto world because it will enhance the popularity of crypto and widens it's acceptability.
However, my fear is that, government will definitely look for a way of interfering in the crypto affairs probably through some law and policies. If this happens, there will be some of government interference that will be beneficial like discourage money laundering through crypto, investment security, and there will be some inferences that will negatively affect the main purpose of crypto decentralization.

[Fluxtorrence9]

If all governments accepts crypto it will bring in more people and it will be more popular ,I'm sure that some are waiting for  government involvement before they fully embrace cryptocurrency in gener

[Kryten12]

I think that better regulations, investor protection, ICO regulation, crypto adoption and overall softening of the opposition towards crypto will see a massive upswing in the market cap of all coins and push crypto firmly into the mainstream. It is not likely to tak much to tip the balance as there are already a number of countries that are displaying a positive stance towards crypto. Malta have a live blockchain event on now.

[magnat7691]

If all governments accept cryptocurrency, then the next step will be its legal rationing and, as a consequence, reduction of attractive volatility.

[Caladonian]

I think that better regulations, investor protection, ICO regulation, crypto adoption and overall softening of the opposition towards crypto will see a massive upswing in the market cap of all coins and push crypto firmly into the mainstream. It is not likely to tak much to tip the balance as there are already a number of countries that are displaying a positive stance towards crypto. Malta have a live blockchain event on now.

If everything will be done accordingly, this would be a great help for each countries to deal with their transactions, crypto can lessen the delays and can make things much simpler, it's just a matter of trust and proper regulations that is needed to be implemented so things will be just fine, many countries are just waiting for innovations and good feedback before they will proceed and adopt the chain too.

[copyfile]

I'm sure it will happen sooner or later. Governments of many countries will accept cryptocurrency and will use it as a means of payment, because it is convenient, profitable and becoming safer. The growth of 2017 was essentially on the enthusiasm of many of the world's crypto analysts, who were able to create such a noise around cryptocurrencies. Now, as we can see, a huge infrastructure is being created for the widespread use of cryptocurrencies. In such leading countries as Japan, cryptocurrencies are no longer something unique, but on the contrary. They even have some organizations pay their employees salaries in bitcoins

[fathur01]

If all countries adopt cryptocurrencies and start introducing laws that will allow cryptocurrency to develop further, then cryptocurrencies will certainly grow and develop.