What if all the governments accept crypto?

[John46285]

If all the government accept crypto, then there will be more and more people in crypto world and they will invest lot of money into different cryptocurrency and by this all crypto coins will reach to a high level.

[zeingrind777]

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.

You are right. But unfortunately, the government will never legalize crypto because they are afraid that the community will commit illegal acts using crypto. Although fiat is also often used for illegal actions, but crypto is anonymous and decentralized. it may be very difficult for the government to look for people who commit illegal acts using crypto.

[taliwang]

when all governments from various countries begin to accept payments using cryptocurrency and implement cryptocurrency as legal payments, the price of all cryptocurrency can be very expensive because there will be many who use cryptocurrency.

[johnalyn]

I think if the governments accepts Cryptocurrency the value will be controlled in a stable one to protect the market to those people who are aiming to get more profit and most of the value of it won't go fall down if it will happened. So many rules will occur if it will gonna legalized in any country.

[vhns222]

Then bigest investors would join Market many new people join crypto afther this BTC price go much more higher and market be not even 400-500 bil but even trill.

[Negdan4ik]

it would be good if the government accepted the cryptocurrency,but I think it will not happen soon, in my opinion it is not in their interests.

[prokurovt]

Even if the government approves cryptocurrencies, there is a chance that investors will not be less afraid. Since they will come out of the shadows and they will have to report to the government and pay huge taxes.

[elis74]

Belarussia had already accepted crytpocurrency, so all the miners and holders have to pay taxes. I know a lot of people, who use crypto just because of absence of taxes.

[grumpy619]

I think most civilized countries in the future recognize cryptocurrency, just not all cryproassets. Recognition is a matter of time, the more popular cryptocurrencies become, the stupider to deny them, you just need to find a consensus.  I doubt about the status of anonymous currencies like zec, dash , monero - but they will continue to exist on the black market.

[FLHippy]

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 it would be a nice place to live. In a global world we need one language, one payment method, one interest to achieve common goal - survive .

[sacskate]

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 done that will boost the market a lot and get more liquidity and adoption to the crypto but it is very difficult now and needs more time

[copyfile]

Maybe it is, I just think that many investors are afraid to risk their capital, as the cryptocurrency market is poorly understood and it is almost not subject to analysis. This is what scares them, scares uncertainty and the opportunity to lose all their money.

[nityans]

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.

For sure, in many countries cryptocurrencies are banned by the government or the government partially disapproves of cryptocurrencies and their use.
The legalization of crypto-currencies will cause a huge interest and demand in these countries. And if in addition to this, the technological application of cryptocurrencies will act, then this will be the guarantor of popularization.

[Bennix]

Generally,if all the governments accept crypto,it will creates a very big room for development in the world and as well transparency in almost all thesectors.Government accepting crypto means there would be a regulation,and that will drive crypto to the mainstream to the extant that every sector like educational, industrial ,agricultural and financial sector will integrate crypto in their payment system.
However, once governments approve crypto people will have full confidence on crypto ,and this will result in people investing  in crypto.On the other hand, it will affect international business positively because traders can send their crypto to industries, and have their goods delivered through blockchain online platform whose responsibility is to deliver goods and services to the traders.
In other words,many fraudulent and scammy projects will be obliterated because governments will ensure that anyone found guoty will be prosecuted accordingly.

[EvgenOrel]

For wide acceptance, crypto shoudl become significantly more comfortable and profitable, so I do not think that it would happen in the neares future.

[Svarora]

If all govt accept crypto Then many fundamentals regulation will come and control this. All this will help in increasing number of market And more participation of investor. All this will increase acceptibility and increase return

[NEERAJ ANAND]

If all governments accept crypto, we will see a new wave of purchases because many people are afraid to unregulated market but they have put huge money in the regulated market.

[Sirait]

there are several possibilities that I think will happen if all governments around the world accept cryptocurrencies;
- all cryptocurrency prices are very stable
- the circulation was monitored
- cryptocurrency holders will be taxed
this is most likely what I predict will happen if the government accept cryptocurrency.

[Ben Shedly]

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.

The problem is that in order for cryptocurrencies to get support from states, governments must gain control over cryptocurrencies. This will remove all decentralization and anonymity for investors.

[vike]

If the government allows the use of cryptocurrency in everyday life, then the rate of all major coins will fall and will be minimal so that you can make purchases and do not worry about tomorrow