Crypto markets can exist without government permission

[doc]

Does your country have a plan to accept crypto? Are you willing to use crypto as a legal payment method alongside fiat currency?

It cannot be said that our country has fully accepted cryptocurrencies, but there are already several regulations regarding cryptocurrencies.  Such as tax on income from crypto and the release of a list of crypto that is legal to trade, this shows that in fact in our country there is no prohibition on cryptocurrencies. 
And if possible, we will definitely also use crypto for buying and selling transactions, but for now all of that is prohibited.

Crypto is still prohibited in several countries for payment methods but is permitted for investment, I think this is good enough for the development of crypto in several countries. because its citizens can invest safely.

[Vx1]

Does your country have a plan to accept crypto? Are you willing to use crypto as a legal payment method alongside fiat currency?

It cannot be said that our country has fully accepted cryptocurrencies, but there are already several regulations regarding cryptocurrencies.  Such as tax on income from crypto and the release of a list of crypto that is legal to trade, this shows that in fact in our country there is no prohibition on cryptocurrencies. 
And if possible, we will definitely also use crypto for buying and selling transactions, but for now all of that is prohibited.

Crypto is still prohibited in several countries for payment methods but is permitted for investment, I think this is good enough for the development of crypto in several countries. because its citizens can invest safely.

Yes, I see that too, the longer I feel the development of crypto, the more rapid it is. Every day new projects appear, so if we don't get in soon then we will miss out on this technology. 
And of course, the absence of a ban on cryptocurrencies by a country will certainly have more or less influence on the development of crypto in that country.

[dekafee79]

Yes, I see that too, the longer I feel the development of crypto, the more rapid it is. Every day new projects appear, so if we don't get in soon then we will miss out on this technology. 
And of course, the absence of a ban on cryptocurrencies by a country will certainly have more or less influence on the development of crypto in that country.

Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

[Jamal Aezaz]

Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

In most of the countries where crypto was banned is permitted now because they have understood the value of crypto now and they know that it is useful for mankind.

If crypto is banned in Some countries then they will surely understand the value of crypto at a certain stage because it is going to be more valuable day by day so no one can ignore the importance of crypto. In many countries crypto has been accepted and in the remaining where there is no use of crypto still people have knowledge about it and are familiar with it so very soon there will be an initiation taking place.

[DAMKAR]

Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

In most of the countries where crypto was banned is permitted now because they have understood the value of crypto now and they know that it is useful for mankind.

If crypto is banned in Some countries then they will surely understand the value of crypto at a certain stage because it is going to be more valuable day by day so no one can ignore the importance of crypto. In many countries crypto has been accepted and in the remaining where there is no use of crypto still people have knowledge about it and are familiar with it so very soon there will be an initiation taking place.

I think it's just a matter of time, countries that haven't yet accepted crypto are just waiting for them to learn the advantages and disadvantages of cry[p[to. Crypto is becoming increasingly popular, if they take too long to learn I think they will be left behind by countries that first accepted crypto.

[Vx1]

Yes, I see that too, the longer I feel the development of crypto, the more rapid it is. Every day new projects appear, so if we don't get in soon then we will miss out on this technology. 
And of course, the absence of a ban on cryptocurrencies by a country will certainly have more or less influence on the development of crypto in that country.

Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

I personally have felt positive things from the existence of this cryptocurrency industry, so I actually don't agree if, for example, our country prohibits activities in cryptocurrency.  Luckily our country doesn't ban it, so we can still trade and invest in crypto. 
Maybe in the past the countries that banned crypto saw that crypto was not useful or would be detrimental to their country so they banned it, but after seeing the huge development of crypto they changed their minds.

[MrSpasybo]

I personally have felt positive things from the existence of this cryptocurrency industry, so I actually don't agree if, for example, our country prohibits activities in cryptocurrency.  Luckily our country doesn't ban it, so we can still trade and invest in crypto. 
Maybe in the past the countries that banned crypto saw that crypto was not useful or would be detrimental to their country so they banned it, but after seeing the huge development of crypto they changed their minds.

Years ago, for example during the bull run 2017, the focus was solely on blockchain technology: countries and companies wanted to use blockchain for supply chains or decentralized data storage for healthcare, transportation, education... Currently, blockchain technology is more developed, but its adoption by businesses is still not really widespread, only some private blockchains have been tested on a small scale. In the meantime, crypto has developed strongly and is seen as a new market, a new asset class for investors.

I'm not sure if governments see the value of crypto to the economy, but they have at least recognized that taxes from crypto can help the country develop better. Crypto adoption can also create jobs, attract investment, and get votes from young voters - these are enough to make politicians think seriously about a national crypto strategy.

[JoyMarsha]

Recently, Nigerian government lifted the ban on banks involved in crypto-enabled services. Of course, this is beneficial for the crypto market in this country, but even before this authorization, the crypto market in Nigeria was already very developed through P2P.

“The ban by CBN on Nigerian banks from aiding crypto transactions made P2P merchants dominant in the first place. The ban was supposed to stamp out Bitcoin and crypto use in Nigeria. Instead, the crypto community turned to peer-to-peer trades or sending payments directly to each other.”
Source: Nigerian crypto exchanges and P2P merchants brace for battle post ban lift.

The same ban that was lifted by the Nigeria government, a year ago, has turned out to be worse, that the same government that lifted the crypto ban is currently accusing the peer-to-peer trading of dollar to Nigeria currency(naira) on crypto exchanges like Binance, is guilty of making the dollar exchange to naira, the main cause why the dollar is increasing against the country currency(naira).

Currently, the Nigerian government is against the trading of peer to peer of crypto exchange to the country's currency. Binance has deactivated peer-to-peer orders of USDT to naira

[yohananaomi]

Even though crypto is banned, crypto technology will still work and be used by countries that accept it well. because crypto is one of the technologies of the future, so no one can stop it. That's why several governments have started to accept crypto as an investment, even though not yet as a means of payment.

In most of the countries where crypto was banned is permitted now because they have understood the value of crypto now and they know that it is useful for mankind.

If crypto is banned in Some countries then they will surely understand the value of crypto at a certain stage because it is going to be more valuable day by day so no one can ignore the importance of crypto. In many countries crypto has been accepted and in the remaining where there is no use of crypto still people have knowledge about it and are familiar with it so very soon there will be an initiation taking place.

I think it's just a matter of time, countries that haven't yet accepted crypto are just waiting for them to learn the advantages and disadvantages of cry[p[to. Crypto is becoming increasingly popular, if they take too long to learn I think they will be left behind by countries that first accepted crypto.

Day by day it is becoming increasingly difficult to resist technological advances, including crypto. All countries will inevitably be involved indirectly in this activity because its spread is already very massive. It's just a matter of time because they also have to prepare the regulations. If not, it's not impossible that people are using it in an illegal way, and it's possible to do so.

[legend45]

I think it's just a matter of time, countries that haven't yet accepted crypto are just waiting for them to learn the advantages and disadvantages of cry[p[to. Crypto is becoming increasingly popular, if they take too long to learn I think they will be left behind by countries that first accepted crypto.

Day by day it is becoming increasingly difficult to resist technological advances, including crypto. All countries will inevitably be involved indirectly in this activity because its spread is already very massive. It's just a matter of time because they also have to prepare the regulations. If not, it's not impossible that people are using it in an illegal way, and it's possible to do so.
[/quote]
Yes, the government should make regulations for crypto. because we have been following crypto developments for a long time, where previously it was opposed and prohibited, now many countries are starting to accept it. No one will be able to resist technological advances, they will come with new advancements and advantages.

[Rubel007]

Does your country have a plan to accept crypto? Are you willing to use crypto as a legal payment method alongside fiat currency?

It cannot be said that our country has fully accepted cryptocurrencies, but there are already several regulations regarding cryptocurrencies.  Such as tax on income from crypto and the release of a list of crypto that is legal to trade, this shows that in fact in our country there is no prohibition on cryptocurrencies. 
And if possible, we will definitely also use crypto for buying and selling transactions, but for now all of that is prohibited.

Crypto is still prohibited in several countries for payment methods but is permitted for investment, I think this is good enough for the development of crypto in several countries. because its citizens can invest safely.

In my perspective that governments are implicitly allowing Bitcoin, even if they don't allow it directly. When investment is allowed in a country then Bitcoin will also be considered as a payment method in that country but it may take a little longer time. Some countries have already legalized crypto and the number will gradually increase. After the emergence of Bitcoin most of the governments of the world did not support Bitcoin but that did not decrease people's interest in Bitcoin.

[taufik123]

In my perspective that governments are implicitly allowing Bitcoin, even if they don't allow it directly. When investment is allowed in a country then Bitcoin will also be considered as a payment method in that country but it may take a little longer time. Some countries have already legalized crypto and the number will gradually increase. After the emergence of Bitcoin most of the governments of the world did not support Bitcoin but that did not decrease people's interest in Bitcoin.

The statement to every country that implicitly allows bitcoin only occurs in countries that do from the beginning provide regulations that seem to allow, but not completely.

But looking at some developing countries or developed countries that banned bitcoin from the beginning, there is certainly no loophole anymore.
My country Indonesia makes bitcoin as a commodity asset, and it is a regulation that allows bitcoin as a trading asset but cannot be a means of payment.

But gradually regulation can also pay off depending on every regulation made and some research on the advantages of using crypto.

[akeemqaz]

Now governments are banning P2P in Nigeria. But some exchanges still support thier currency. Binance, OKX and some exchanges stop supporting Nigerians currency on there P2P platform but Bitget and some other Exchanges still does. Nigerian government are really trying to stop crypto trading.