Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: mianvicky1 on December 27, 2020, 12:58:12 PM
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
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Governments will always ban what they cannot control, they cannot control cryptocurrencies, they do not want their citizens to have the freedom to do whatever they want with their money. That's why they ban them, so that somehow we remain slaves to their system.
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Of course, I also support this option so that all countries could freely use cryptocurrencies, but unfortunately, as we know, a lot of money is laundered through cryptocurrencies, and because of this reason, many countries do not want to work with cryptocurrencies at all.
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Of course, the importance of bitcoin is now being understood all over the world, and bitcoin is being discussed.
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Yes, this cryptocurrency has spread far and wide all over the world. However, even though it is not legal in some countries, this cryptocurrency is being used secretly in those countries. At some point, it will be seen that this cryptocurrency is working as an open challenge all over the world. But with the advent of cryptocurrency in 2020, the world has been stunned. We will soon see cryptocurrency as the most popular in the world.
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What I do know is.
There are governments that prohibit the use of crypto for transactions but do not prohibit investment, this is done to increase the circulation of local fiat currencies from each country.
However, there are other countries that support and accept crypto with stablecoins that they create with their fiat value, the goal is the same to increase the number of requests for currency from each country, so that the value or price increases due to the large number of users.
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Time is what crypto needs, several countries like China and India banned crypto in the past, but today, this countries have turned around the embrace the technology, Facebook, Twitter, google all banned crypto ads on their platforms, but today, this platforms have all turned around to embrace the technology.
What I can tell you is that, this countries that place limitations on crypto will one day allow its citizens to use crypto without any limitations, time and growth is what we need to achieve this, crypto is here to stay and no person or government can stop this innovation.
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I do not think it will be very easy right now. Using a crypto wallet is not so familiar to many people. Most people do not know what crypto is and how to use it. First we need to educate people how to use crypto currency and why they should have use it. Also storing crypto is not that easy for many people too.
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I am pretty sure that this is not possible because crypto currency is decentralized. This is possible I think to every country who has a regulation when it comes to cryptocurreny even even it is possible the process will take time to condition the mass.
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I think it is a wishful thinking to say Crypto will be used all over the world, Digital currencies can be used all over the world and I think a Digital Dollar will kill many national currencies, just look at what happen to Lira this year, and I believe more developing countries would suffer this fate if their economy didn't pick up fast in 2021, I have been encouraging my people now to save in BTC and USD because it is to me the most stable of this Fiat currencies
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Many countries want to control all areas of their citizens' lives and do not want to lose control over people and money, therefore, they restrict the use of cryptocurrency. Cryptocurrency is freedom for a person from the constant supervision of the state.
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the importance of bitcoin is now being understood all over the world, and bitcoin is being discussed.
Bitcoin has been popular around the world and becomes a trend in many countries. That's surely triggering people to discuss anything about Bitcoin or crypto as a whole. You don't need to worry about it, mate! Something you are better to do is contributing to making Bitcoin or crypto be more familiar to the people around the world.
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Cryptocurrency demand is growing rapidly around the world. Cryptocurrencies The price of these cryptocurrencies is increasing as a result of increasing demand for them. The popularity of cryptocurrencies is constantly increasing in the market. Cryptocurrencies are not approved in many countries. But governments will approve in the future.
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You are absolutely true. We can see how many new comers are entering the crypto world. Many people around me start learning cryptocurrency. Many commodity investors are also starting investing in the crypto. This is very good news. Hopefully, crypto will always be spreading over the world.
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Cryptocurrency was created for use around the world by everyone, but because there is still a lot of resistance from several agencies such as the government so that this Cryptocurrency cannot be used optimally, we are waiting for further developments. But I am very optimistic that this Cryptocurrency will be successful and will be made a comprehensive payment instrument by all countries in the world.
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As the number of people in the world grows, so does the demand for cryptocurrencies. Every country is out of the control of the government. The country's government will not be able to suppress or control the cryptocurrency even if it wants to. So the future of cryptocurrencies is bright.
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What do you think guys why countries have limitations on crypto.
Some countries still limit the use of crypto because they are afraid of the misused of crypto. Not only about the misused, but each country also has its own regulation that may not fit with the characteristics of crypto itself. They need time to adapt to crypto and may not accept crypto fully. Anyway, I don't think it is a big problem, bro. ;D
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The rate at which cryptocurrency is expanding should not be limited. Different countries have imposed restrictions and some countries have no restrictions. I personally think that the whole world should be brought to Beirut.
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Cryptocurrency has become very popular all over the world. Currently, the most popular medium of financial services is Bitcoin transaction. People all over the world are benefiting a lot by trading Bitcoin. Financial services capital is a worldwide cryptocurrency.
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Cryptocurrencies are known and spread all over the world. Cryptocurrencies are traded worldwide. Bitcoin is currently used for large financial transactions. So the government of any country cannot suppress bitcoin if it wants. Bitcoin is more and more popular all over the world.
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Sometimes I think if government permission to allow it is legal then what will the dollar condition in the world . I think the importance of USD $ have not in the world . people do not reserve dollar in the bank . Although some countries allow this few definite sectors but not fully overall support so the crypto currency spread all over the world if full support get from government the liquid money is extinct all over the world .In the end cryptocurrency is bit all the walls and spread all over the world .
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Because they are afraid that banks can replace cryptocurrency and then it will be very sad for them. Therefore, some countries come up with laws and restrictions for this.
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Because they are afraid that banks can replace cryptocurrency and then it will be very sad for them. Therefore, some countries come up with laws and restrictions for this.
The irony of that is the number of banks around the world that invest in cryptocurrencies and that are partners with some cryptocurrency companies. For example, 2 of the largest banks in my country have invested in Bitcoin (BBVA Bank) in 2013, and 1 of them (Santander Bank) is a partner of Ripple Labs, Inc.
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
IMHO, I believe that the primary reason was they are afraid that cryptocurrency might be a threat to their existing financial services or industry, Second it might be the regulation/law issues, third is they want to protect its people against any possible scams and frauds things like that might be the common reason why many countries are still hesitant to allow cryptocurrencies to operate in their respective territories.
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Governments will always ban what they cannot control, they cannot control cryptocurrencies, they do not want their citizens to have the freedom to do whatever they want with their money. That's why they ban them, so that somehow we remain slaves to their system.
yes, it is true.
because crypto no one can control, except for ourselves.
all countries are afraid that crypto will be released in all countries. because crypto can be used for money laundering / terrorist financing. so it is very difficult if a country approves crypto to be used in that country
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Crypto is difficult to control by the government, that is the main reason why crypto has never been allowed by the government, if it is allowed government officials will also be free to launder large amounts of money later that is what the government is afraid of because humans are thirsty for money and world wealth
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There is something like security that makes countries restrict or prohibit the use of crypto. But I think it needs to be considered because all investments have risk according to the portion and users must be smart to manage their investments
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Governments will always ban what they cannot control, they cannot control cryptocurrencies, they do not want their citizens to have the freedom to do whatever they want with their money. That's why they ban them, so that somehow we remain slaves to their system.
yes, it is true.
because crypto no one can control, except for ourselves.
all countries are afraid that crypto will be released in all countries. because crypto can be used for money laundering / terrorist financing. so it is very difficult if a country approves crypto to be used in that country
Unfortunately anything with value (fiat, cryptocurrencies, jewelry, gold) can be used to finance illegal things, precisely that is the first excuse that some governments use to ban cryptocurrencies, but they do not complain about cryptocurrencies when those illegal actions are with fiat.
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Some countries still limit the use of crypto because they are afraid of the misused of crypto.
This also happens in my country. Our government allows crypto as a digital asset but it cannot be allowed for payment tools. For payment, the government is still afraid to allow it because they think crypto can be used for illegal things. Also, our laws don't allow it as the payment too since in my country only our national currency can be used for payment tool.
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Not all crypto is available to be used in worldwide, it depends on the utility of the crypto itself. Moreover, we commonly use cryptocurrency for investment, digital assets, and also earning profits from trading. So, it is not only about the use case in the real worldwide
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Not all crypto is available to be used in worldwide,
Yep. In many countries, they only know Bitcoin and don't know about altcoins. I think the government in the world only accepts crypto that really popular. While the new crypto will be accepted in the exchanges first. And for the weak crypto coins, they are difficult to be accepted by people around the world because of many bad news about them.
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
Maybe they don't understand about the future currency and worry on crypto. But I believed they will accept crypto and adopt this technology for their companies.So, I think It just the time, We will see crypto more popular all the world.
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
Although Cryptos is existing many years many countries still do not have explicit systems that regulate, restrict, or ban the cryptocurrency. Many governments has challenged because of decentralized and anonymous nature of Bitcoin and Alts. Government main concern is how to allow legal use while preventing criminal transactions and because of this many countries are still analyzing ways to regulate the cryptocurrency. The position of Alts and bitcoin is still in gray area.
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We can not force countries and their governments to be supporting cryptocurrencies as they know that this is something they don't have full control of. And this is just rational. An Example is the combined big market of China, India and Russia -- these countries are not officially allowing their people to fully or partially participate in the cryptocurrency marketplace. Anybody here can go against the strong leaders of these countries? Of course, nobody can. As time goes on, let's see what developments there can be in the mainstream adoption of cryptocurrency in the global scene. As of now, we have to explore more on countries where cryptocurrency is not pronounced to be illegal. As a sidenote, though the USA market is quite strict and can even be stricter we still have to thank this big country that it has not really closed its door to cryptocurrency.
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And anyway, we are moving towards this, sooner or later, after a certain number of years, many, including governments, will understand that cryptocurrencies are the future of the modern world and this is not going anywhere. will contribute to more and more dissemination, and no one can ignore this, and even outright dislikers will have to put up with it. So the future is definitely behind cryptocurrencies.
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Most countries have not clearly determined the legality of cryptocurrencies, preferring instead to take a wait-and-see approach. Some countries have indirectly assented to the legal use of Crypto by enacting some regulatory oversight. Still the world needs time to implement cryptocurrencies.
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In my opinion one of the reasons is that the legal system in many countries is not exactly flexible, and monetary policies are made to accomodate a financial system which hasn't gone through much change in the past few centuries. It will take time to figure out where cryptos fit into the picture. Also, the fact that crypto could be used for money laundering and buying illegal products and services in an untrackable manner is a big reason why regulations, if they exist, are fairly strict.
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Of course, because the very volatile nature of crypto makes crypto difficult if it is to be applied as a legal means of payment in all fields. I understand that everything will have pros and cons. And this is also the case with crypto. So in my opinion, this is the best way that can be done with crypto.
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cryptocurrencies are a new financial instrument and no country has a full-fledged legislative framework to regulate this industry
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cryptocurrencies are a new financial instrument and no country has a full-fledged legislative framework to regulate this industry
Exactly, in my country for example I can buy a house with crypto, but the laws do not specify whether the taxes on that sale must be paid in crypto or fiat. That's just one example of the holes in the legislation, and it makes me very angry.
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Cryptocurrency is known all over the world. Cryptocurrency has spread far and wide around the world. The level of transactions is constantly increasing. People are benefiting a lot more by using cryptocurrency. Cryptocurrency is very profitable for business. So there is a lot of trading with cryptocurrency.
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There is no debate about that. And crypto will become more and more famous. Almost all aspects around the world already used cryptocurrency for efficiency So this is a good step.
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Governments will always ban what they cannot control, they cannot control cryptocurrencies, they do not want their citizens to have the freedom to do whatever they want with their money. That's why they ban them, so that somehow we remain slaves to their system.
Its true that they can not control the system but i think there is more feature coming out in crypto industry that helps to control the system .On the other hand it is popular cause it is an open source that helps to work with freedom .So lets the system to run its own way no need accept the future will be on crypto then what will they do??
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There is no debate about that. And crypto will become more and more famous. Almost all aspects around the world already used cryptocurrency for efficiency So this is a good step.
It will surely become famous in the future. Along the journey of crypto there are instances that could change the lifestyle of every single person on earth who wants to try this opportunity. Crypto is newly digital job that every one can earn income in intangible asset. From intangible asset to tangible one. The government could be anti or pro crypto depends on the people's opinions and capacity in life.
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Governments will always ban what they cannot control, they cannot control cryptocurrencies, they do not want their citizens to have the freedom to do whatever they want with their money. That's why they ban them, so that somehow we remain slaves to their system.
Its true that they can not control the system but i think there is more feature coming out in crypto industry that helps to control the system .On the other hand it is popular cause it is an open source that helps to work with freedom .So lets the system to run its own way no need accept the future will be on crypto then what will they do??
Unfortunately they can take more drastic measures for crypto users, there are several countries that have already done it, such as Qatar, Nepal, Egypt, Bolivia, Algeria, Iran and many more, I have seen more than 15 countries in the same article. Governments can ban it, but they know their citizens will continue to use crypto. They make things more difficult for users..
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The world is not prepared to adopt cryptocurrency platform as long as it is volatile. Government will ban the unstable anonymous virtual investment to protect the people not to come in into volatile investment. Crypto investment is not pathetic investment. It is interesting and new door to invest in more advance way. Some countries are against and some are preparing to embrace. The response of country depends in the people and the leaders.
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The uncertain crypto value is indeed the main obstacle for crypto to be able to grow and actually be applied in everyday life as a means of payment. I myself feel that with the very volatile nature of crypto it will be more suitable for investment alone.
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Some governments think that cryptocurrency is use for funding terrorist or maybe will use it for money laundering and also it looks like a gambling to them because of up and down prices but I'm not sure if these are the reason why some countries banning cryptos, I just heard about it in some news or maybe in the article.
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Some cryptocurrencies are bad projects for scam purposes. There are also times when the bans are good. States can impose bans to protect their citizens. There is no ban in my country. I am happy for now. ;)
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Some cryptocurrencies are bad projects for scam purposes. There are also times when the bans are good. States can impose bans to protect their citizens. There is no ban in my country. I am happy for now. ;)
This is how it should be, but out of 100 scams few are detected until it is too late, and governments do nothing to go after scammers, their mind is limited to prohibiting everything that has to do with cryptography, they do not know or do not want to synthesize the information. The simplest thing for them is to say "let's ban cryptocurrencies" but they don't do it thinking of citizens, they do it thinking of their interests, the interests of banks and large corporations.
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
Some of these big names that are now investing on cryptocurrecy were once critics of bitcoin/altcoins few years back, and I must say that some of these nations that had ban cryptocurrecy will definitely lift the ban at the right time, because they ban cryptp ignorantly, without full knowledge of how the system works.
Like you mentioned, crypto is growing very fast, and more people around the world are getting to know and learn the technology. Obviously, crypto is going moon and there is doubt, it will attract more people in near future.
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Right now many countries are allowing cryptocurrency and many are trying to regulate it like the USA. But the hype is strong and there is no way any country can stop that mass adoption. It is the right time to invest in crypto so that we won't fail to catch the train in time.
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Right now many countries are allowing cryptocurrency and many are trying to regulate it like the USA. But the hype is strong and there is no way any country can stop that mass adoption. It is the right time to invest in crypto so that we won't fail to catch the train in time.
Very well said. There is a big opportunity, for crypto investors, this decade. We should not be out.
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Well it is perhaps due to the governments and beaurocracy being illiterate to this new tech and it is understandable as it is a completely new tech and most of the people in higher offices want to see the continuity of the old system or status quo that is why the process of official approval and use of crypto is slow worldwide but it will soon change.
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We do not know for sure the reasons of each country for limitations on crypto, but what is certain is that in the future every country will not be able to stop crypto, precisely the current state which has crypto limitations in the future they will also use it.
One of the countries that initially banned crypto was India, but look at it now. India has legalized it
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
That's because some countries have their own rules for regulating a currency, the good and the bad, must have considered the pros and cons of cryptocurrency and that might change in the future cryptocurrency will definitely be legalized in every country if fiat money is no longer worth for selling and buy someday there will definitely be a change for cryptocurrency that can enter in all countries.
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I support the development of cryptocurrencies around the world if for good, Satoshi Nakamoto's goal is very clear to make it easier for everyone to make payment transactions, now that there are many financial platforms and payment platforms that support cryptocutrency, I think the whole world will use it in the future for more advanced transactions. , fast and transparent
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I think that the countries that prohibit cryptocurrency is because their rulers are afraid of losing their monopoly on the issue of money and losing their own power
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I think that the countries that prohibit cryptocurrency is because their rulers are afraid of losing their monopoly on the issue of money and losing their own power
I think as long as the country cannot regulate crypto they will remain the odd for crypto. They will not losing their power but they are afraid not to implement totally the power into crypto. Maybe there are more valid reasons why some countries are afraid to adopt cryptocurrencies which can give the people to earn money and support the daily needs. I know one of the negative side of crypto investment is volatile that can bring investment from $100 to $1. This is not assuming, this is real happening in crypto investment. A lot of scams projects moving around.
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Currently, most of the coins in the cryptocurrency market have improved a lot. The chances of every coin in the cryptocurrency market are much higher. Therefore, due to the improvement in the cryptocurrency market, investment is constantly increasing. At the same time, the demand for cryptocurrencies is increasing in every country.
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Some countries governments also permitting cryptocurrencies as valid besides it's banking system. Indian governments supports and permit Bitcoin as a transactions systems besides their banking system
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Some countries governments also permitting cryptocurrencies as valid besides it's banking system. Indian governments supports and permit Bitcoin as a transactions systems besides their banking system
We will see, more and more of this, in the future. Cryptocurrency, is paving, it's way slowly and steadily. This decade, will be amazing, for crypto adoption.
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More and more countries and governments will accept cryptocurrencies precisely as a means of payment and as a currency, but this will not happen in the coming years. It will take a little more time, perhaps 5-10 years before it becomes on par with fiat money and will officially recognized by the governments of the countries, but everything is moving towards this, so sooner or later it will happen.
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More and more countries and governments will accept cryptocurrencies precisely as a means of payment and as a currency, but this will not happen in the coming years. It will take a little more time, perhaps 5-10 years before it becomes on par with fiat money and will officially recognized by the governments of the countries, but everything is moving towards this, so sooner or later it will happen.
Perhaps it will take about 10 years to realize the full potential of cryptocurrencies, since many analysts argue that already 10 years later, Bitcoin can reach $ 1 million. It makes no sense for governments to oppose the development of the cryptocurrency market, and I believe they have already understood this, so they are trying to find ways to control.
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The invention of cryptocurrency to the world bring about many changes which include Digitalization of the used currency which is paper currency to digital so as to reduce cash transactions and move the world to another stage which became encouraging to many people and makes people to invest more in cryptocurrency. The world entirely is happy with cryptocurrency because some countries have decided to migrate fully from paper currency to digital currency which a very good progress.
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Some countries governments also permitting cryptocurrencies as valid besides it's banking system. Indian governments supports and permit Bitcoin as a transactions systems besides their banking system
We will see, more and more of this, in the future. Cryptocurrency, is paving, it's way slowly and steadily. This decade, will be amazing, for crypto adoption.
Though positive for us but negative to somebody. Cryptocurrency adoption might take more time before we could see the world diving into crypto. There are also different views and state of mind with regards to culture, tradition, and state of living.
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I think restrictions on cryptocurrency are mainly introduced due to the fact that it cannot be controlled, in fact, this payment system can become a huge competition for our usual payment systems, and this is not interesting to anyone, because everyone is already used to ordinary payments and taxes are easier there. take from them.
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When talking about the world, it will always be full of differences for every cryptocurrency assessment because I am sure that all over the world it is always considering the security of cryptocurrencies.
For example, there is one country that has not dared to open the cryptocurrency space because of the safety factor and the recommended price benchmark, this answers all cryptocurrencies that change all the time.
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
Because in general, states and their governments don't really need cryptocurrency. In any case, they are in no hurry to legalize it. Decentralized cryptocurrency is not suitable for them. Moreover, a good alternative has appeared for them - a digitized stable currency of their central banks. They can combine the advantages of blockchain technology and the characteristics of the national currency necessary for them. However, no one knows what will happen next.
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Limitations on cryptocurrencies are due to limitations for those who don't understand how cryptocurrencies work, don't let it happen when there are people who don't understand cryptocurrencies and immediately invest in strange altcoins that are not necessarily able to go back up again in price.
Maybe education for cryptocurrencies should be deepened and this is the best way for cryptocurrencies because I am sure that this crytpocurrency is a valuable asset for the future.
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Which one is "most"?
And where do you know that it is most?
So far, many countries are debatable, there are some that legalize crypto for every transaction investment, and also other utility. However, many countries also ban them.
And so far, we can see the crypto development over the world is really changing and increasing, but it needs to keep it up and not mean to make it less.
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Governments around the world began settling on different approaches to regulating the crypto industry. legislatures and regulators proactively drafted guidance and frameworks for the crypto industry. I expect that governments around the world will remain active for the foreseeable future as cryptoassets become more mainstream.
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Ya Crypto growing in all country in future this will awesome crypto will legal in all over the world every one will invest in crypto price of the bitcoin will touch 100k in future.
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As we all know the cryptocurrency is growing very fast in all over the world.
Most of the big names are investing in crypto and want to support this. BuT most of the countries don't allow the crypto or most of them have no any law on this. Many people don't know about crypto.
I think crypto need to be used in all over the world without any limitations. What do you think guys why countries have limitations on crypto.
Crypto currency is the future currency, It will take several time to be more popular and has been allowed by many countries.
At several countries have blocked crypto, keep calm.
I believe they will accept crypto at the next future.
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Hopefully crypto in all over the world because it is a good for the economic of the country which is held a crypto and thr people will recognize there easy to joined a blockchain in terms of additional income for every countries.
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A lot of money is laundered through cryptocurrencies, and because of this reason, many countries do not want to work with cryptocurrencies at all. However the importance of cryptocurrencie is now being understood all over the world, and cryptocurrencie is being discussed.
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Sometimes, even a country bans crypto, the citizens can still trade and invest in crypto with several various ways and strategy such as going to dex exchanges and also PP. however, it may be risky because sometimes, they may be accused as illegal acts.
But, I believe that crypto has been very popular, and many more countries are accepting this.
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One reason for this is the fact that there are more than 4,000 cryptocurrencies in existence as of January 2021. While many of these cryptos have little to no following or trading volume, some enjoy immense popularity among dedicated communities of backers and investors.
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One reason for this is the fact that there are more than 4,000 cryptocurrencies in existence as of January 2021. While many of these cryptos have little to no following or trading volume, some enjoy immense popularity among dedicated communities of backers and investors.
What you have said is precisely another problem of the ecosystem. According to CoinMarketCap today there are (listed) 10,889 cryptocurrencies, of which more than 99% are practically useless, without contributing anything new or beneficial for investors and users. And that's an education problem, people prefer to buy 2 billion from any inu doge dog mom and wait to be millionaires rather than learn from which real projects they can earn the most.