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Author Topic: What if 5 head of the big country are Cryptocurrency supporters?  (Read 458 times)
Quintrix (OP)
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February 25, 2019, 02:48:19 PM
 #1

So imagine you have 5 heads of the top country in the world  a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.

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February 25, 2019, 03:11:30 PM
 #2

well they are not and they are not going to be so none of this is ever going to happen Cheesy

but even if they were, it still wouldn't change much about 90% of the altcoins. we may only see bitcoin grow faster as it is the only valuable currency that is working properly as it should and the rest are still the same pump and dumps without usage!

besides governments are not known to support anything they can not control!

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February 25, 2019, 03:31:27 PM
 #3


besides governments are not known to support anything they can not control!

Certainly a reason that total adoption might not be realized because cryptocurrency was created to give people control and freedom to direct and control what they have. They can not monitor and control what you and I have in our wallet so they won't support it just like that.
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February 25, 2019, 03:36:52 PM
 #4

Okay then.
Firstly, those 5 big heads don't exist in the present, so no need to bother what would have happened...
Secondly, as crypto will grow day by day and will be much more worthy for mass adoption, we might see more than a few big heads supporting crypto with interest. And if that really happens, it would be, I think, the next revolution for the crypto industry.
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February 25, 2019, 03:48:07 PM
 #5

So imagine you have 5 heads of the top country in the world  a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.

I don't think anything has changed, crypto will still be like this. only crypto is currently needed is adoption and a regulation to ensure that crypto can be used legally.

supporting without any real action is like nonsense and will not have an impact on crypto. it seems like speculation, it will only make rumors and in the end only cause another pump on the market.

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February 25, 2019, 03:52:31 PM
 #6

No question ask, of course! it will eases the adoption of cryptocurrency in the world, your question is like 'what if the 5 powerhouse of the world started to help the poor, would poverty exist?'

It takes time for every country to adopt a cultural thing, bank was never been made before for all but through the years people started to discover on how to use it and the time comes when the world embraces it yet up to this day there are still few people whose not using a bank(most of them are poorest of the poor).



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February 25, 2019, 03:55:25 PM
 #7

it will be very good for the crypto market later. but it would be more perfect if they make regulations that facilitate adoption in their country. I'm sure if that happens the crypto market will experience a very big change.

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February 25, 2019, 04:12:43 PM
 #8

So imagine you have 5 heads of the top country in the world  a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.
support without a regulation, I don't think it will be able to encourage adoption. crypto does not need support, which crypto needs now is a regulation that can legalize every transaction in the country. without it all there will be no mass adoption that occurs at anytime. if only a support has been made for many people who support crypto but there is no impact that can be felt for the crypto market.
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February 25, 2019, 04:15:49 PM
 #9

Okay then.
Firstly, those 5 big heads don't exist in the present, so no need to bother what would have happened...
Secondly, as crypto will grow day by day and will be much more worthy for mass adoption, we might see more than a few big heads supporting crypto with interest. And if that really happens, it would be, I think, the next revolution for the crypto industry.

I also think that only one big personality announcing his support to cryptocurrency will definitely make an impact for the whole ecosystem, what more with 5 heads of big country but it's far fetched I doubt that not in our lifetime.

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February 25, 2019, 04:22:08 PM
 #10

It is very nice. this will make people trust crypto more. I'm sure the market will increase if that happens. mass adoption will occur slowly as the news spreads.

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February 25, 2019, 04:24:20 PM
 #11

This is too good to be true. However, if this had happened, I think that the cryptocurrency industry would have developed much faster than it is now. Within 10 years, most of the world would have switched to the use of cryptocurrencies, related technologies would have evolved, and people's lives would have become much more convenient in many ways.
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February 25, 2019, 04:24:57 PM
 #12

Of course crypto will develop very large if all that happens. Because a head of state I believe crypto is certainly the community also will wonder how crypto works. Of course crypto growth will be very fast. I am sure of that.
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February 25, 2019, 04:33:43 PM
 #13

If these 5 top country will start to support  crypto then crypto will be developed more. The popularity of crypto will increase. Rest of the big country also will start  to support crypto. So lets pray for crypto so that these top country will start to support.

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February 25, 2019, 04:45:59 PM
 #14

Even though they are a top head of a big country I really think that they would surely hide the fact that they are a believer if a majority in the country has negative thinking about cryptocurrency And the fact that this can never happen is because there would be some in the government official that would surely disagree even if he or she is the president of that country promoting something that some people don't understand will surely doubt them about it, And let's remember that not all cryptocurrency related news and article are on the positive side there are illegal things that can surely benefit in owning yourself bitcoin, Some people would surely use this on the act of terrorism some would surely fraud someone to gain more and many things that could benefit someone illegally. 
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February 25, 2019, 04:51:51 PM
 #15

So imagine you have 5 heads of the top country in the world  a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.

I think USA will be enough for the Bitcoin to reach 1 million dollars in price Smiley And moreover I think just one big company like for example Amazon is enough to make Bitcoin fly to the moon very quickly. I wish something like that will happen soon and we will be witnessing the rise of the new worldwide currency in its essence.

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February 25, 2019, 05:00:59 PM
 #16


Its a big help if they are all supporter, they are not as of now though. IF we say supporter means the stores in the these countries can accept cryptocurrencies and crypto can easily be bought either over the counter or on exchanges. The rise of banks creating their own crypto and companies creating stable coin is the start of all these adoption.


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February 25, 2019, 05:07:02 PM
 #17

Nothing much would happen. Maybe some of the cryptocurrency would get a huge bump to their new ATH. Other than this, it adds little value only to the system. We need more adoption, a worldwide adoption.
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February 25, 2019, 05:10:58 PM
 #18

with the future chance on work more of developer with the blockchain business to gives with chance on offers as the option on reference to work on delivery of service as the occupation of altcoin token on utility with the notable quotes on referring records with identification.

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February 25, 2019, 07:12:01 PM
 #19

No, I do not think so. Interested heads of government - this is not all. Now, if you manage to interest financial institutions (the banking system) - then yes. Then it could be the beginning of something bigger.
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February 25, 2019, 07:16:32 PM
 #20

So imagine you have 5 heads of the top country in the world  a firm believer of cryptocurrency do you think it will fasttract adoption of cryptocurrency, imagine the head of USA, CHINA, JAPAN FRANCE, GREAT BRITAIN are a firm believer of Cryptocurrency do you think it's the start of something huge for the crypto community.
Even if the heads of th  countries are bitcoin supporters it still doesn't mean that they can force the country into adopting it. The bill has to be passed and deliberated upon

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