What if all the governments accept crypto?

[SvetikB]

That would be really awesome, not only for the users of crypto, but for the government too, because if the taxes for crypto are small, they could get additional money to their budget

[NEERAJ ANAND]

If that happened then we will see a lot of new investors jumps to this market because many people invest only in government accepted entities and it will be a huge positive for cryptos and its investors but it will take time to happen this.

[Bolivar_Tony]

Yeah sure, if just few countries like USA or China should adopt cryptos like the Japan did, I believe it will start going up immediately, and I think such a period will come though it might take some time but it will surely come.

[bitcoin31]

That would be really awesome, not only for the users of crypto, but for the government too, because if the taxes for crypto are small, they could get additional money to their budget

Small taxes become big if millions of people pay, and remember once the government use and adapt cryptocurrency even the ordinary people will invest because government is one of the most powerful and people trusted in the world.

[Ranly123]

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 allows cryptocurrency in their country, this will only mean that they have control over everyone's flow of income and would excise tax on our earnings. I thought that being anonymous and not being controlled by the government is better for cryptocurrency than being controlled by the governing bodies.

[dimonarka]

I think that if all countries accept cryptocurrency, it will be what everyone is waiting for. in this case, the cryptocurrency will spread and the rate will rise much

[Cyptobonds1]

It will be a very nice idea if that can actually happen their will be more confident in people willing to invest in crypto as everything will be more secure and any project investors will be well known by the government before any action and their will be an opportunity for everyone to exchange funds from various countries.

[rhomzkie26]

This is impossible to be happen dude, because as long as crypto is decentralized it cannot be control by them, even how many times they will try.
Unless they create their own coins which I could consider it they have the power to control it because the features is base centralization.
And besides nowadays most of the country are aware in terms of crypto also.

[cryp24x]

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.

Then we have to celebrate because we have the approval of the government as well as the society which means that we will have the freedom to make transactions by using Cryptocurrencies. We can also freely make projects that involving crypto and the awareness will be widely spread because there is no hindrance due to the restriction of the government.

[bellaayu]

If the government gives permission about crypto use it will have a positive impact on all investors and bounty hunters. Many investors will invest and they are not afraid of fraud. So crypto will be under government supervision and will be safer.

[Bosmuda]

If indeed this is really good news, if the government can accept crypto, but even though it has been approved this is certainly a long time, because until now there are still many governments that have not accepted the presence of crypto, we just wait in the future whether someday all government allows for cryptocurrency

[darmin]

It is a form of support for crypto. so when a lot of countries or Governments willing to accept crypto then it will be able to make the price be increased. as some time ago where many have expressed rejection and make crypto crashed. This will also hold true in reverse if they want to receive crypto. but to arrive at that stage is not easy to achieve.

[pinoyden]

If the government gives permission about crypto use it will have a positive impact on all investors and bounty hunters. Many investors will invest and they are not afraid of fraud. So crypto will be under government supervision and will be safer.

Frauds wont be lessen even if all governement will support the use of cryptos because cryptos are still anonymous and anyone can create a fake dummy account  online but frauds arent only happening over the internet because even local currencies such as fiats do also experience it .

However i agree that this can also give a positive impact because cryptocurrency can become more credible to the public if they already sees that is now backed by governments .

[bolbau]

when the governments accept crypto its mean the crypto industry have won the 'war' which is its happen for a long time and makes a very serious decline price in the beginning of this year. crypto that has been accepted by many governments is one of the main goals of the crypto industry, when it happens it means that crypto has become globally acceptable and is one of the digital assets that will be used by the public.

[Dilireba]

It's the future of cryptocurrency, all the governments will accept crypto, many countries like Japan is accepting cryptocurrency at some using cases, i think after making enough researches about cryptocurrency, other governments will accept cryptocurrency.

[rricksu]

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.

I think if government is going to embrace the cryptocurrency, there will be a big increase of its market cap and market value. But, expect that they might have an authority to somehow control it in their ways. It is will used in their projects and the development of the country itself.

[kakade]

There are still many people who want to join Crypto but they know that Crypto has not been approved by the government. And if the government gives permission to use Crypto, I'm sure Crypto will find investors easier. And more people will invest so Crypto grows.

[Ayomiqueen]

Government can only make it regulate for safety reason and security concern to monitor the movement of funds in to it and make sure many project are save to invest in but they can't that create their own coin due to volatile reason which will affect the economic of any involve government policy.

[Starfranko]

Crypto needs endorsement and the greatest endorsement in my opinion is governments accepting crypto that in my thinking will lead to wholesale adoption by the society. The lukewarmness we gave been seeing methinks is down to the opposition that governments have shown to crypto-currencies

[MetalGear]

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.

It seems that once the government legelize to use cryptocurrency many people will back on investing. But, as of now cryptocurrency is not legalized or accepted in some countries. Yet, what do you think will happen in our fiat currency if the cryptocurrency will be legalized.