What if all the governments accept crypto?

[mahilchii]

I will be the happiest person in this case, but the only what motivates government to accept crypto at the moment is tax and they want control citizens of their country.

That's correct people will live happily as they can make more money as a second investment and I believe it will change the atmosphere of a person. There will be no poverty as this system will entirely change the life.

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[georgereyes]

Would be good, then they can attach a name to wallet ID lol

[overnight03]

If all government accepts the crypto, I think crypto  will be popular and a lot of people will trust the crypto that will make the price of the crypto  increase rapidly, those who keep many bitcoin, they will become rich quickly

[mitchel_am]

If all the governments would start to accept crypto then for sure the market will have a growing explosion because people will start believing more in crypto

[santino11]

Then there will be more value in cryptocurrency.
There will be more merchant who will accept the crypto especially BTC.
It will be the best time to settle with crypto and let FIAT gone.

[mmo_online_1981]

If Bitcoin and altcoin are approved by all states. Bitcoin will become a secured asset and can do a good job of monetizing it!

[garciacarral]

If governments will accept crypto wouldn't they want to become part of it? Can you imagine how big will be their part in this market? Maybe they will be able to even take control over the market.

[Ferris419]

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.

Sure if all the government approve bitcoin, altcoin overall cryptocurrency, it will be very good news for all kinds of crypto related people and also developed blockchain technology. People will know more about crypto and they will know how its works.

[zedaq]

It would be great if this really happened, can you imagine what opportunities people would have? I think people's values ​​would be completely revised, so I hope that this will happen very soon.

[GabrielKiara]

Well if that really happened it will be a great news. Then, crpyto will be used in a daily life will not just a dream again and everything can be simple as transaction with crypto.

[elitemobb]

This will be great news, but considering all the advantages of cryptocurrency, there will be countries that will not accept cryptocurrency because cryptocurrency will be able to simplify the financial system of any state by destroying intermediaries, namely banks, and then the state will lose huge profits

[Jeroiswen]

All the governments accepting cryptos will lead to more adoption of the cryptos. This will provide the users of cryptoscurrencies easy accessibility to their needs through the decentralized portals.

[Endikadija]

I will be the happiest person in this case, but the only what motivates government to accept crypto at the moment is tax and they want control citizens of their country.

That's correct people will live happily as they can make more money as a second investment and I believe it will change the atmosphere of a person. There will be no poverty as this system will entirely change the life.

Accept crypto means the government was officially declared the cryptocurrency as a legal payment system, it can attract more demand to use crypto as the payment method. For those early adopters of crypto and they will get a lot of money or even become the next millionaire. But it's so far away.

[Agozyen]

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's still early days for Crypto.  Many potential investors are also waiting for the tax implications to be worked out.  I know that many governments already have but only time will tell.  I am optimistic about the future of Crypto in general, but I would like to see the scammy side trimmed down a little.

[auroboros]

if all governments of countries around the world accept or acknowledge crypto currencies as a tool for exchanges other than fiat, then the price of crypto currencies will soon experience bullrun and everyone will immediately invest in the world of crypto, the question at hand is whether all these things will happen in future? well, we don't know what the future will be, whether crypto currencies will be recognized or even there is something new technology that makes crypto currents installed because of their security problems, but I still believe Cryptocurrencies will become a global economy

[tonlong]

I think everyone will use it and market the crypto market as the main investment and it will be the most attractive currency in the world. When that value of Bitcoin will be unimaginable as it may be $100,000.

[masterrex]

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.

Well if that happens it is very good as we know our existing system is very inefficient in terms of transferring money from time to time slow and huge transaction fee! until Blockchain tech. has arrive and we clearly see the Innovation you can sent or transfer millions in a matter of seconds and take note with just less than 1 dollar fee at a time so that's a great advantage if the governments are using this revolutionized technology as a medium!

[milani]

I think everyone will use it and market the crypto market as the main investment and it will be the most attractive currency in the world. When that value of Bitcoin will be unimaginable as it may be $100,000.

Really it would great step in the development of crypto market, and of course it  would give the high popularization to the digital assets throughout the world, it would become more trusted and desired, so the price would increase substantially. Of course our lives will be more comfortable and profitable, because Blockchain technologies would have a great impact on different directions. But... we may imagine only such kind of future. May be some day it happens...

[cryptocyprus]

Many countries have already approved cryptocurrencies, but investors are no longer. I think that in order for cryptocurrencies and projects that conduct ICO to invest more, you need more hype around cryptocurrencies and the growth of the market.

[Conte_Forni]

I think this will be a big plus for cryptography, if many countries in the world accept BTC and blockchain in particular, I think many cryptocurrencies can play a good role for a person’s life, there are advantages that give us cryptocurrency. I think it will all be in the near future!