What if all the governments accept crypto?

[Domithra]

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.

[moonking]

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.

From what I understand most developed countries don't ban bitcoin or other alts, it is legal, but everyday people don't rush to buy it in huge numbers, those that do want to make money on it, not use it instead of cash.  But I think the current price, even thou lower than it was, shows that people do want to buy it, for investment, gambling, or other reasons.

[Pupus]

actually, not all countries can accept crypto, there are some countries that still prohibit cryptocurrency. so many negative news and also the issue of big losses experienced by investors makes the government not ready to legalize it.

[napster]

Closing the old era.
Opening the new era.

Utopia or some sort of utopia comes alive.

I don't think every one of them will accept it, but most of it will.

[JSD10M]

That can happen if governments have already set regulations on cryptocurrencies. From what I read on different forums, investors in other markets like stock and forex are just waiting for proper regulation before they invest in crypto.

[sampoerna]

If the government accepts the existence of bitcoin, I'm sure it will increase investors' confidence in bitocin. And this will affect the price of bitcoin going forward. I believe bitcoin will grow and become more valuable.

[Sentinel]

That is a good thing. If the government really approves of Crypto then automatically investors and other crypto users will be happy with this, because they don't want to hide anymore. On the other hand there will also be many people who jump into Crypto and do business in it. This will affect the Crypto market to be positive. and that is very profitable.

[Overpower]

if that happens I am sure that people in that country will know crypto more and are more interested in using it to transact or for investment

[wokee12]

many people will leave the bank and switch to bitcoin or cryptocurrency, and the price of the altcoin will growing so high to the mars

[Paha87]

I like it when states are loyal to crypto. If some of the leading powers make laws and make a cryptocurrency a means of payment, this will be an indicator for most countries, after which countries that did not take into account the crypto expire to learn and implement in their financial system. Hope this happens soon.

[Mehira01]

I strongly agree with you, if all governments legalize the circulation of crypto, it makes investors no longer hide in trading, in my opinion the impact on society is also very positive, because we can get crypto openly.

[kamal420]

If all countries accept it, it is definitely a good news to increase the value of bitcoin. Yes, as you say some countries are banned bitcoin, e-money investors have to hide their identities. When the ban is broken and everything becomes better for electronic money, investors no longer have any barriers to their investment. This is a good opportunity for investors and the market will increase.

[mamun777]

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.

I don't know how will that become possible government wants to control the currency that circulates in their country and not all countries had a high standard of technology some countries do not even or very limited internet connection, it's possible in a first world country but I doubt in third or fourth world countries.

[yousufatik20]

It is not the government that should accept bitcoin, it is the people who live in that country that should accept bitcoin otherwise we have already failed. what we want is a decentralized currency that the government can not have a say in.
any regulations, bans, acceptance, rejection, ... should not be of any concern when it comes to bitcoin as long as it is decentralized.

[bdamenaakter]

Honestly I expect government to start accepting cryptos whether they like or not, there are more advantage in embracing cryptos than  imposing a total ban on it. However, since not all are against it, expect that those who are against it will impose stricter regulations to protect their people. Thats the reason why some countries don't like cryptos, they look more on the possible problem than look on the advantage and how to fix it.