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Author Topic: What if all the governments accept crypto?  (Read 2787 times)
Zentor
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October 19, 2018, 07:40:27 PM
 #81

They will accept bitcoin or also some other currencies? Only a limited amount of currencies will be accepted at least at the beginning to avoid confusion. I hope that at least one of these cryptos wouldn`t be under someone's control
Zadicar
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October 19, 2018, 07:47:38 PM
 #82

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.
This is the most impossible thing to happen when we do talk about this kind of situation yet we do know that government on each country dont really have the same perspective
or point of view when it comes to crypto.Expect there would be against and there would be supportive knowing that crypto features opposes on what government do likes so on just that
alone we can already presume.

MISS_nSTASSY
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October 19, 2018, 07:51:21 PM
 #83

Most potential investors are hiding behind the walls because of the fear generated by the governments in regards to cryptocurrency
Those of them who decided to figure out what crypto really is - are already on the market. The rest prefer to stand in that sector that they are understand better than others. This "generated fear" is applied to crowd only, most of them are not investors.
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 governments it is very big job - to integrate crypto in our lives so it would't hurt current economics. But we understand how crypto is dangerous for today's ruling clan - they will not give they will not give up their power that easy. Hard way is fast but with sensitive consequences. Easier way will take longer time. And only if all of us will understand the need of crypto

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johan36
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October 19, 2018, 08:06:48 PM
 #84

You are right if the government accept crypto the people will invest the crypto without fear , but not all the governments will agree , they are hampered by the regulations of each government .
OneCoinMan
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October 19, 2018, 08:43:11 PM
 #85

Nothing will happen  Grin. There are no ifs in history. First, it is impossible, it is worth being realistic, it takes time to adopt technology. Secondly, in this case, Bitcoin will become the usual value coin, you should not expect huge profits.

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powerman24
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October 19, 2018, 08:59:53 PM
 #86

If governments globally support cryptocurrencies and there will be regulation on it, institutional investors
will enter the market and then we will experience minimum  x10 total market cap and the price will increase
as well as there will be much more investors and higher demand.

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Viklopot
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October 19, 2018, 09:05:15 PM
 #87

without any doubt, the legalization of cryptocurrency by all countries will significantly affect the cryptocurrency market and at this time it is worth investing in cryptocurrency
jinnyjinny
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October 19, 2018, 09:11:42 PM
 #88

I think, since the state has not done this yet, it means that they have not yet understood how to manage cryptocurrency or at least how to control cash flows within the country or abroad. Most likely, most governments are afraid of mass money laundering from the country, as well as tax evasion. The adoption of cryptocurrency by all governments is still on the verge of fantasy.

none of us
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October 19, 2018, 09:24:25 PM
 #89

that would be nice if all governments would accept crypto. that would certainly drive the market cap higher. but unfortunately we are still very far away from this.
ParabellumLite
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October 19, 2018, 09:34:20 PM
 #90

You are right if the government accept crypto the people will invest the crypto without fear , but not all the governments will agree , they are hampered by the regulations of each government .

Each country, when accepting crypto, will issue its own laws to suit their country. Acceptance will help crypto be used and know more. However, the disadvantage is that the market will not have the same freedom anymore
CryptoToxicAvenger
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October 19, 2018, 09:45:50 PM
 #91

This will be good news for investors. I also believe that this will cause even more confidence in the cryptocurrency and bring new funds.
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October 19, 2018, 09:49:18 PM
 #92

Hello mate, if this kind of thing come in crypto currency. 100% sure we have more pump. Prices will growth as demand and supply directly proportional to each other. With billions of people and just a millions supply of btc. I can't imagine how price can build this time
bravehearth0319
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October 19, 2018, 09:51:51 PM
 #93

If all countries were to recognize the cryptocurrency, I think regulation will follow because they want to protect their people and country from frauds, scams, and illegal transactions. This is one thing that must be taken into considerations in the long run. How could a decentralized system be fully regulated or better if partially regulated? This is really hard to tell what will happen?
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October 19, 2018, 09:55:24 PM
 #94

This is one of the greatest news we are all looking up to. When all governments accepts cryptocurrencies, it will make it go mainstream and BTC will hit the moon all time.
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October 19, 2018, 10:02:18 PM
 #95

We know that many countries ban crypto, but there have been many countries accept it too. I believe that crypto is going better time to time, and there always a chance to be accepted by all of the countries but we don't know when will it happen.
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October 19, 2018, 10:22:30 PM
 #96

this can not be, all the governments will not be able to allow cryptocurrency, there will be a couple of countries that will be against it, but if they allow it, then a new era of economy will begin
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October 20, 2018, 02:50:43 AM
 #97

Yes some countries has directy banned crypto currency. Once all those bans are lifted and other countries start adopting crypto currency, the market will rise to the top. Maybe this will lead to a cashless society someday.
insurgent
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October 20, 2018, 03:03:24 AM
 #98

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 all governments aacept crypto for sure there is no poverty because all of the people in different countries are allowed to invest in crypto and earn enough profit for their family. But somehow its impossible to happen , even if crypto did good to us there are still some people who thinks its a scam. And I know that if that happens many people will take advantage on crypto.

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October 20, 2018, 03:05:30 AM
 #99

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 this will happen then we will see a world of cryptocurrency and this will eliminate the use of fiat as the government will support the mass adoption of crypto. Although this is still a dream as those government will not that easy to give-up the control of fiat.

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October 20, 2018, 03:59:35 AM
 #100

If such a thing is accomplished it could mean great things for crypto and to the economy in general. This is based on if this becomes an actuality, as the acceptance happens more people start adopting cryptocurrency into their lifestyle and use for various purposes which would help circulate the cryptocurrency economy and make it even more successful. All of this we can hope to see in the future if such a feat is achieved.
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