How Is Crypto In Your Country These Days?

[TomPluz]

Right now, we are experiencing remarkable upward movements for Bitcoin and there are already many people - even famous ones - expecting that soon Bitcoin can reached the $100K level and go beyond it. Now, if that will not be happening this year surely 2022 is going to be it.

Okay, with this background of seemingly increasing interest with Bitcoin and the whole of cryptocurrency. how is cryptocurrency is really doing in your own country?

In my own, we have no problem so far and we are so free to deal with any exchanges we can find online. And there is a very viable way to exchange digital assets into real fiat cash anytime, anywhere including P2P which is also gaining grounds especially using social media.

[pelana vreo]

In the country where I live, I can invest in crypto and trade as usual, if you look at the exchange platforms Tokocrypto and Indodax, that's where I buy and sell coins, but if I use crypto coins to buy things like food and drinks, it's it's not allowed because of the regulations in my country.
but it doesn't matter to me because I can still trade and have lots of coins for long term investment.

[brian82]

I've read that bitcoin is in reverse waiting for a fall and disappointment. It will be abandoned by all under government pressure((

[gurunanakji777]

Due to the corona, many people lost the job so some of them jump into the crypto market even they made some good money because from the last 1-year market is overall good to make money. Crypto lovers are increasing at a good pace in my country even we have no restriction from the bank to deal in the cryptos. I heard Govt is making some bill for the crypto holders or traders let see what bill brings for the crypto lovers.

[Octoalts]

As far as I know, our country is neutral towards Cryptocurrencies. The government does not prohibit its people from doing all Cryptocurrency activities such as trading, investing, mining and others. But here the State has not legalized Cryptocurrency as a legal tender, so if we want to shop then we have to exchange it for Fiat first.  But that's not a problem for us, we love to get to know Crypto earlier than most people here.

[densus88]

As far as I know, our country is neutral towards Cryptocurrencies. The government does not prohibit its people from doing all Cryptocurrency activities such as trading, investing, mining and others. But here the State has not legalized Cryptocurrency as a legal tender, so if we want to shop then we have to exchange it for Fiat first.  But that's not a problem for us, we love to get to know Crypto earlier than most people here.

In my country too.
I see the government didn't banned, also not allowed crypto currency.
I Think It's good for us, We are trader and bounty hunter, can do activity here.

[masterrex]

Right now, we are experiencing remarkable upward movements for Bitcoin and there are already many people - even famous ones - expecting that soon Bitcoin can reached the $100K level and go beyond it. Now, if that will not be happening this year surely 2022 is going to be it.

Okay, with this background of seemingly increasing interest with Bitcoin and the whole of cryptocurrency. how is cryptocurrency is really doing in your own country?

In my own, we have no problem so far and we are so free to deal with any exchanges we can find online. And there is a very viable way to exchange digital assets into real fiat cash anytime, anywhere including P2P which is also gaining grounds especially using social media.

In my country, the crypto transaction is increasing, and the local exchange competition is growing so there's nothing new about it. It is just like in the pre-pandemic days the interest in crypto is continuously growing even the Pandemic was ravaging businesses and many people were forced to stop working due to lockdowns but still many people are jumping into crypto compared to the pre-pandemic days.

[arnold dudicove]

Crypto currency has shown good progress at these days.
But We must be careful, because pump and dump always happen.
So, I think short term investment is better to do.

[KryptoBull]

Very hot! Everyone is talking about crypto, about the BTC recovery and the opportunities that are coming. Everyone wants to buy crypto x10-x100 to become rich. After the correction, everyone is getting FOMO back, so worrying again!

[Master107]

Fine. We cannot expect all of the sudden the whole citizens to be in favor to BTC or let may say in general cryptocurrency. There are different point of view as expected such as pro and anti adoption.

Nevertheless, the important is, it is circulating even though not really official legal tender and yet some citizens are earning from cryptos and Bitcoin investment.

More improvements to come including the enhancement of rules with regards to this digital lucrative investment (somehow). The government are trying their very best to track crypto users. Unfortunately they cannot bear the pressure and huge decentralized ecosystem.

More likely some of government officials are secretly within the boundaries of crypto investment. Not to announce to maintain their good reputation (since in crypto scam is rampant).

[TomPluz]

In the country where I live, I can invest in crypto and trade as usual, if you look at the exchange platforms Tokocrypto and Indodax, that's where I buy and sell coins, but if I use crypto coins to buy things like food and drinks, it's it's not allowed because of the regulations in my country. but it doesn't matter to me because I can still trade and have lots of coins for long term investment.

Based on Tokocrypto alone, I can easily guess which country you are referring to and where you are residing on. I think my country and yours are on the same level when we talk on cryptocurrency...here we also have no problem with trading and though there are banks that decided to have nothing to do with crypto there are also those that made no qualms about it as they see money generated from cryptocurrency to be the same money that can be found in other types of business. There is no rush to specifically regulate crypto here but I am expecting that soon this can be happening but there is no intention to kill it generally speaking. 

[legend45]

Very hot! Everyone is talking about crypto, about the BTC recovery and the opportunities that are coming. Everyone wants to buy crypto x10-x100 to become rich. After the correction, everyone is getting FOMO back, so worrying again!

Keep calm mate, I think crypto is on the right track now,
I see many projecs are succesful now.
talking crypto at these days, I thin  Crypto has correction now. Buy more If you have free money.

[TomPluz]

More likely some of government officials are secretly within the boundaries of crypto investment. Not to announce to maintain their good reputation (since in crypto scam is rampant).

In USA, there are already a good number of politicians who are openly showing their interest, investment and support for Bitcoin and cryptocurrency as a whole. As of now, in my own country, I still have to read of any famous politician who admitted investment with cryptocurrency maybe because they don't want to be associated with it as for now...especially that there were (and there can be) scams who used cryptos as medium of exchange. However, I know that soon this is going to be changing, soon we can see political leaders to see the value of cryptocurrency especially in the face of the coming hyper-inflation to affect the global economy.

[Master107]

Very hot! Everyone is talking about crypto, about the BTC recovery and the opportunities that are coming. Everyone wants to buy crypto x10-x100 to become rich. After the correction, everyone is getting FOMO back, so worrying again!

Keep calm mate, I think crypto is on the right track now,
I see many projecs are succesful now.
talking crypto at these days, I thin  Crypto has correction now. Buy more If you have free money.

Country's influence is awesome. Media participation is a door to great awareness since the people are in touch with social media activities, youtube, news, podcast, sports, and etc.,.
The government is the hand to give us direction either open or close opportunity. Nevertheless, with or without government, crypto must go on and the citizens will seek a way to connect with crypto.

[Kitaiev]

Everything is good in my country with cryptocurrency. I mean that the state does not plan to prohibit its use it's actively working on the legal framework for cryptocurrencies. The bill is called virtual assets. I personally like this behavior of the state in this matter.