What if all the governments accept crypto?

[Shatterlean22]

Government involvement will make millions of people all round the world to fully trust crypto but we all know how governments are ,I think it won't end well

[AgatioX]

If the government approves of cryptocurrency, then all people on the planet will be easier to live. The question is, is it profitable for the government to approve cryptocurrency? After all, it will completely destroy the economy that is now

[ivanleon]

If something like that happens it will bring the rapid increasing interest from the society to the whole cryptomarket. Of course it may be the real signal for the society that cryptocurrency is trustworthy as it is accepted by the governments, but there are too many nuanses there in this direction at the same time. It seems to me that rules of the cryptomarket and of the crypto world in whole will change substantially in this case

Until recently, many governments will resist the recognition of cryptocurrency funds, as in this case they will not be able to control all cash flows and take away taxes from the population. In the end, new technologies will win.

[bitkanu]

If the government approves of cryptocurrency, then all people on the planet will be easier to live. The question is, is it profitable for the government to approve cryptocurrency? After all, it will completely destroy the economy that is now

A small country with small gdp may get destroyedby the existence of cryptocurrency,their economical state is quite fragile that a touch of cryptocurrency could potentially destroy their economy. just look up to those country and compare their overall market capitalization to cryptocurrency's

[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.

Everything is correctly said that as soon as the cryptographic receives the approval of all governments, the flow of investment in the crypto industry will increase, but with the advent of control over the crypto market from the government, it will be possible to forget about the high volatility of the rates.

[batang_bitcoin]

They only fear because the government is prohibiting it or never support it.

That is right when the government starts approving all of the crypto related laws and transactions, fear will be gone and even the people that are scared of crypto's will start investing and that will cause a hype. As usual when many are buying, demand will increase.

[Biscutard]

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.

Maybe you were right, but i think it will just take a lot of time before we get it. Making most crypto to accept in the government is a great idea but the idea is uncanny to think that crypto is being used all around the world and to make the government support from it. I don't know who's authority are we talking here since it could be used world wide, maybe they could make something like a unique watermark from it to distinguish it from the rest of the coins.

[coinswebid]

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.

more demands coming to crypto will increase the value of crypto,
but remember only for a cryptocurrencies with a lot of potential mate, not a shitcoins  

[drlukacs]

If one day the government legitimizes crypto and accepts the circulation of the electronic currency, the exchange rate will increase rapidly, and the cryptocurrency market will develop more than the present time. But that ability is low because the government is concerned that cryptocurrency will affect the economy as well as the many individuals who use cryptos for money laundering.

[CaVO32]

that would be great as long as they will not get high tax from using the crypto. otherwise, this is another source of their corruption.

[qtronix]

I think this will have a very positive impact on the cryptocurrency. Investors will feel support from the state and know that their rights are protected.

[Denton]

That would be wonderful. For cryptocurrency it will be a huge step in development and I think that its adoption will also contribute to a good mood in the market and the success of ICO projects.

[Harriti]

If the government approves the cryptocurrency transaction, the market will become more diversified as there is more choice for currency payments. Cryptocurrency will become a potential future for large amounts of money transfer and receipt due to the reasonable transaction fee.

[samycoin]

If the government accept crypto there's always manipulation and it will be more regulations they do or in the end crypto will be centralized and it's bad for us because much better to be decentralized than to centralized. Also maybe it may cause of another corruption if government accept crypto

[darkangel020716]

It will be a good thing to the populace if all the governments across the world accept bitcoin and others altcoins but for us the cryptocurrencies enthusiasts and promoters I think governments is going to bring it power into it and force many out of blockchain technology.

I agree, It will be a good thing since because I think crypto currency will help the economical growth of every country , Some people will be jobless because of it and more job opportunities will soon be implemented because of the use of its possibilities to the economy.

[Indrawan77]

There is a long debate about the effect of government's approval, in one side I believe it will increase the popularity and give more secure feelling to the investors, but at one side investors are looking for investment that are decentralised, with the government's approval there will be regulations, which could make them hesitate to invest, for me I think if the regulations are proporsional and not too tight that it could make a positive grow for crypto

[weborsha]

I don’t like when people say that governments will ACCEPT crypto. The word REGULATE seem to be more appropriate for it. If all the governments meet up and regulate the use of crypto - we will have to pay taxes for it.

[hdtqisg]

Bitcoin and altcoin will have the opportunity to grow stronger! Most countries that do not have a management plan for Bitcoin and altcoin are banned or restricted from using Crypto!

[Grim149x]

Our government is actually crypto friendly and that's how most of the countries should treat crypto. It is for the better so they better get in on their game.

[ambeo]

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.

so, all we need is to convince the government that crypto is no danger in any way and only brings profit. not easy as it is supposed to be out of government's bounce obviously they are panicking