Crypto markets can exist without government permission

[Hisbullah]

The popularity of bitcoin is indeed unquestionable and many already know it and, of course, this is something very good, so that more and more countries will want to accept bitcoin in its entirety, not half-heartedly, because recognizing but not being accepted as a legal means of transaction will certainly be a problem because it must be changed to fiat first.
Because of the system, bitcoin will indeed not be able to be controlled and, of course, this is very profitable, but there are still many countries that have problems with this, so there are restrictions on accepting bitcoin.

Many countries still prohibit bitcoin, perhaps their consideration is because bitcoin is difficult to control and can be used as money laundering from corruption crimes and illegal activities, even though in my opinion it is not only bitcoin, crimes and money laundering can be done anywhere. Bitcoin is getting more popular and its price is getting higher, if the country still prohibits bitcoin they will be left behind from other countries.

[Gurujebs]

Many countries still prohibit bitcoin, perhaps their consideration is because bitcoin is difficult to control and can be used as money laundering from corruption crimes and illegal activities, even though in my opinion it is not only bitcoin, crimes and money laundering can be done anywhere. Bitcoin is getting more popular and its price is getting higher, if the country still prohibits bitcoin they will be left behind from other countries.

The main concern has been about the control Of Bitcoin. If Bitcoin can't be control, then the rest of the laundering becomes a big problem for them but what about the fit currency they controlled by the Fed and central banks? There is still increase in high rate if money laundering reported by the government and yet they think Bitcoin is there main problem.

The thing is that people that do bad things look for opportunities and Bitcoin is just one of the place where money laundering can be done like their own failed fiat system and the privacy it has is what fear them to ban Bitcoin but time will tell whether they need Bitcoin or not.

[pieppiep]

The popularity of bitcoin is indeed unquestionable and many already know it and, of course, this is something very good, so that more and more countries will want to accept bitcoin in its entirety, not half-heartedly, because recognizing but not being accepted as a legal means of transaction will certainly be a problem because it must be changed to fiat first.
Because of the system, bitcoin will indeed not be able to be controlled and, of course, this is very profitable, but there are still many countries that have problems with this, so there are restrictions on accepting bitcoin.

Many countries still prohibit bitcoin, perhaps their consideration is because bitcoin is difficult to control and can be used as money laundering from corruption crimes and illegal activities, even though in my opinion it is not only bitcoin, crimes and money laundering can be done anywhere. Bitcoin is getting more popular and its price is getting higher, if the country still prohibits bitcoin they will be left behind from other countries.

So, knowing that some countries have decided to ban Bitcoin it is possible to state that its usage can be justified only by precautionary measures against its misuse for criminal purposes, However, it is important to note that crime, money-laundering, and other illicit activities can occur via any particular instrument, including Bitcoin. However, with the further advancement of technology and with the growing acceptance of Bitcoins for use, it has become our responsibility to learn how to use them rightly than prohibiting them. Those nations that will persist in Banning Bitcoin stand the risk of being left out of the emerging world of new financial technologies, thus are the nations that will open their doors to this innovation willing to gain more economic and technological advantages.

[Hisbullah]

Many countries still prohibit bitcoin, perhaps their consideration is because bitcoin is difficult to control and can be used as money laundering from corruption crimes and illegal activities, even though in my opinion it is not only bitcoin, crimes and money laundering can be done anywhere. Bitcoin is getting more popular and its price is getting higher, if the country still prohibits bitcoin they will be left behind from other countries.

The main concern has been about the control Of Bitcoin. If Bitcoin can't be control, then the rest of the laundering becomes a big problem for them but what about the fit currency they controlled by the Fed and central banks? There is still increase in high rate if money laundering reported by the government and yet they think Bitcoin is there main problem.

The thing is that people that do bad things look for opportunities and Bitcoin is just one of the place where money laundering can be done like their own failed fiat system and the privacy it has is what fear them to ban Bitcoin but time will tell whether they need Bitcoin or not.

Every technological advancement, especially the decentralization of the system, cannot be controlled, and this is what attracts investors to invest in bitcoin. They can take advantage of this technological advancement to store their assets safely and can transact freely without any third party.

[yohananaomi]

The popularity of bitcoin is indeed unquestionable and many already know it and, of course, this is something very good, so that more and more countries will want to accept bitcoin in its entirety, not half-heartedly, because recognizing but not being accepted as a legal means of transaction will certainly be a problem because it must be changed to fiat first.
Because of the system, bitcoin will indeed not be able to be controlled and, of course, this is very profitable, but there are still many countries that have problems with this, so there are restrictions on accepting bitcoin.

Many countries still prohibit bitcoin, perhaps their consideration is because bitcoin is difficult to control and can be used as money laundering from corruption crimes and illegal activities, even though in my opinion it is not only bitcoin, crimes and money laundering can be done anywhere. Bitcoin is getting more popular and its price is getting higher, if the country still prohibits bitcoin they will be left behind from other countries.

So, knowing that some countries have decided to ban Bitcoin it is possible to state that its usage can be justified only by precautionary measures against its misuse for criminal purposes, However, it is important to note that crime, money-laundering, and other illicit activities can occur via any particular instrument, including Bitcoin. However, with the further advancement of technology and with the growing acceptance of Bitcoins for use, it has become our responsibility to learn how to use them rightly than prohibiting them. Those nations that will persist in Banning Bitcoin stand the risk of being left out of the emerging world of new financial technologies, thus are the nations that will open their doors to this innovation willing to gain more economic and technological advantages.

Technological progress should be. So advance, not the other way around, so when a country bans bitcoin, of course. So there are problems that are known by the country, but losses will also be received because progress that should be accepted as an update is rejected. made there is a misuse that the country does not want, there is a, mechanism that can be done to protect it so that it avoids such problems, for example, with every transaction to be converted into fiat must go through a local exchange recognized by the country, then there will be protection if there is misuse.
If technological progress is very profitable, it should be accepted and utilized by taking fees from every transaction that occurs.

[nakmantu99]

Technological progress should be. So advance, not the other way around, so when a country bans bitcoin, of course. So there are problems that are known by the country, but losses will also be received because progress that should be accepted as an update is rejected. made there is a misuse that the country does not want, there is a, mechanism that can be done to protect it so that it avoids such problems, for example, with every transaction to be converted into fiat must go through a local exchange recognized by the country, then there will be protection if there is misuse.
If technological progress is very profitable, it should be accepted and utilized by taking fees from every transaction that occurs.

Actually no one can reject the advancement of technology, therefore the government should support crypto technology because they can take taxes from crypto conversion to FIAT through local exchanges and can supervise it so that it is not misused by crypto users.
so crypto will always exist even though the government rejects it.

[lombok]

Technological progress should be. So advance, not the other way around, so when a country bans bitcoin, of course. So there are problems that are known by the country, but losses will also be received because progress that should be accepted as an update is rejected. made there is a misuse that the country does not want, there is a, mechanism that can be done to protect it so that it avoids such problems, for example, with every transaction to be converted into fiat must go through a local exchange recognized by the country, then there will be protection if there is misuse.
If technological progress is very profitable, it should be accepted and utilized by taking fees from every transaction that occurs.

Actually no one can reject the advancement of technology, therefore the government should support crypto technology because they can take taxes from crypto conversion to FIAT through local exchanges and can supervise it so that it is not misused by crypto users.
so crypto will always exist even though the government rejects it.

From this, it is clear that when governments extend their support for this crypto technology, there are more possibilities for positive uses of the innovation to be granted. Ministries of finance should not only be involved in the regulation of local exchanges in charge of converting fiat to crypto and vice versa but also gain more revenue by taxing those conversions. This also gives us a more secure way to engage in the cryptospace. This shows that more and more organizations are considering the use of this technology, as Deloitte’s survey showed that 76% of global financial firms have incorporated crypto in their companies. To that end, given sufficient backing, the opportunities of blockchain for economic growth can be realized more responsibly and safely.

[Blaze]

From this, it is clear that when governments extend their support for this crypto technology, there are more possibilities for positive uses of the innovation to be granted. Ministries of finance should not only be involved in the regulation of local exchanges in charge of converting fiat to crypto and vice versa but also gain more revenue by taxing those conversions. This also gives us a more secure way to engage in the cryptospace. This shows that more and more organizations are considering the use of this technology, as Deloitte’s survey showed that 76% of global financial firms have incorporated crypto in their companies. To that end, given sufficient backing, the opportunities of blockchain for economic growth can be realized more responsibly and safely.

The trend toward the growth of government support for the development of crypto technology provides a vast potential for positive outlooks and the growth of public confidence in digital currency assets. This way, it is possible to increase security and transparency of fiat to crypto conversions with the help of engaging the finance ministry. The market report revealed that most financial firms have already embraced crypto and this suggests that the technology is becoming mainstream. By having the right kind of backing, it is possible to unlock value for investors from blockchain while at the same time making economic progress more ethical and sustainable.

[MrSpasybo]

The trend toward the growth of government support for the development of crypto technology provides a vast potential for positive outlooks and the growth of public confidence in digital currency assets. This way, it is possible to increase security and transparency of fiat to crypto conversions with the help of engaging the finance ministry. The market report revealed that most financial firms have already embraced crypto and this suggests that the technology is becoming mainstream. By having the right kind of backing, it is possible to unlock value for investors from blockchain while at the same time making economic progress more ethical and sustainable.

Compared to previous years, we're seeing active involvement from numerous businesses, investment funds, and banks in the crypto market. This could positively impact government perceptions and views of the market, leading to gradual acceptance of crypto as a new asset class for management and taxation.

This is what we hope for to allow crypto to develop freely without being hindered or threatened by unfounded legal accusations. Crypto has proven its ability to exist independently in all circumstances, but government involvement will help crypto grow faster. Of course, I hope that crypto taxes will be as low as those on stocks ^^

[nakmantu99]

The trend toward the growth of government support for the development of crypto technology provides a vast potential for positive outlooks and the growth of public confidence in digital currency assets. This way, it is possible to increase security and transparency of fiat to crypto conversions with the help of engaging the finance ministry. The market report revealed that most financial firms have already embraced crypto and this suggests that the technology is becoming mainstream. By having the right kind of backing, it is possible to unlock value for investors from blockchain while at the same time making economic progress more ethical and sustainable.

Compared to previous years, we're seeing active involvement from numerous businesses, investment funds, and banks in the crypto market. This could positively impact government perceptions and views of the market, leading to gradual acceptance of crypto as a new asset class for management and taxation.

This is what we hope for to allow crypto to develop freely without being hindered or threatened by unfounded legal accusations. Crypto has proven its ability to exist independently in all circumstances, but government involvement will help crypto grow faster. Of course, I hope that crypto taxes will be as low as those on stocks ^^

I agree with you, government involvement in making rules and accepting crypto will help crypto grow faster because crypto lovers will feel safe when the government allows it.
Currently, many governments have allowed crypto, this is very good for crypto and more people will invest in crypto.

[pieppiep]

The trend toward the growth of government support for the development of crypto technology provides a vast potential for positive outlooks and the growth of public confidence in digital currency assets. This way, it is possible to increase security and transparency of fiat to crypto conversions with the help of engaging the finance ministry. The market report revealed that most financial firms have already embraced crypto and this suggests that the technology is becoming mainstream. By having the right kind of backing, it is possible to unlock value for investors from blockchain while at the same time making economic progress more ethical and sustainable.

Compared to previous years, we're seeing active involvement from numerous businesses, investment funds, and banks in the crypto market. This could positively impact government perceptions and views of the market, leading to gradual acceptance of crypto as a new asset class for management and taxation.

This is what we hope for to allow crypto to develop freely without being hindered or threatened by unfounded legal accusations. Crypto has proven its ability to exist independently in all circumstances, but government involvement will help crypto grow faster. Of course, I hope that crypto taxes will be as low as those on stocks ^^

I agree with you, government involvement in making rules and accepting crypto will help crypto grow faster because crypto lovers will feel safe when the government allows it.
Currently, many governments have allowed crypto, this is very good for crypto and more people will invest in crypto.

From here we can point out that unambiguous rules from the authorities may really help cryptographic money investors feel protected. If the government and its relevant bodies consider crypto as a real phenomenon, this would improve the conditions for the development of digital assets.

As more and more countries permit the use of cryptocurrency, people will start to develop confidence with it. This of course has the effect of creating more people who invest, which is of course beneficial to the overall ecosystem of cryptocurrency.

[yohananaomi]

The trend toward the growth of government support for the development of crypto technology provides a vast potential for positive outlooks and the growth of public confidence in digital currency assets. This way, it is possible to increase security and transparency of fiat to crypto conversions with the help of engaging the finance ministry. The market report revealed that most financial firms have already embraced crypto and this suggests that the technology is becoming mainstream. By having the right kind of backing, it is possible to unlock value for investors from blockchain while at the same time making economic progress more ethical and sustainable.

Compared to previous years, we're seeing active involvement from numerous businesses, investment funds, and banks in the crypto market. This could positively impact government perceptions and views of the market, leading to gradual acceptance of crypto as a new asset class for management and taxation.

This is what we hope for to allow crypto to develop freely without being hindered or threatened by unfounded legal accusations. Crypto has proven its ability to exist independently in all circumstances, but government involvement will help crypto grow faster. Of course, I hope that crypto taxes will be as low as those on stocks ^^

I agree with you, government involvement in making rules and accepting crypto will help crypto grow faster because crypto lovers will feel safe when the government allows it.
Currently, many governments have allowed crypto, this is very good for crypto and more people will invest in crypto.

After all, as a crypto user, it always requires recognition from the government so that every step we take can be protected by applicable law, so that there is no worry that could happen if we do anything to Crypto.
Indeed, quite a lot of governments have fully recognized every transaction, but there are also those who can only make transactions but cannot be used as a legitimate payment tool and be accepted first to Fiat be accepted, but there are also those who still refuse to accept be accepted. It is only natural and all will happen and all will happen be accepted time can accept.

[legend45]

After all, as a crypto user, it always requires recognition from the government so that every step we take can be protected by applicable law, so that there is no worry that could happen if we do anything to Crypto.
Indeed, quite a lot of governments have fully recognized every transaction, but there are also those who can only make transactions but cannot be used as a legitimate payment tool and be accepted first to Fiat be accepted, but there are also those who still refuse to accept be accepted. It is only natural and all will happen and all will happen be accepted time can accept.

Crypto investors need recognition and regulations from the government so that they are legally protected and crypto is not considered something illegal.
those investors will feel safe and this will attract new investors, because they feel legally protected. and the government can also get taxes from crypto transactions on local exchanges. so a mutualistic symbiosis between investors and the government.

[Axcel777]

After all, as a crypto user, it always requires recognition from the government so that every step we take can be protected by applicable law, so that there is no worry that could happen if we do anything to Crypto.
Indeed, quite a lot of governments have fully recognized every transaction, but there are also those who can only make transactions but cannot be used as a legitimate payment tool and be accepted first to Fiat be accepted, but there are also those who still refuse to accept be accepted. It is only natural and all will happen and all will happen be accepted time can accept.

Crypto investors need recognition and regulations from the government so that they are legally protected and crypto is not considered something illegal.
those investors will feel safe and this will attract new investors, because they feel legally protected. and the government can also get taxes from crypto transactions on local exchanges. so a mutualistic symbiosis between investors and the government.

Indeed, it can be critical to development for this investment to have a proper legal framework built around it and recognized by the government. With good regulations in place, investors will feel more secure because there is law that governs the rights of the investors in every contract.

It will also create new ways through which the government can collect tax revenues on the cryptocurrencies activities. This foster the mutual benefits whereby both investors and the government benefit in equal measure in the support of development of the digital economy.

[target]

After all, as a crypto user, it always requires recognition from the government so that every step we take can be protected by applicable law, so that there is no worry that could happen if we do anything to Crypto.
Indeed, quite a lot of governments have fully recognized every transaction, but there are also those who can only make transactions but cannot be used as a legitimate payment tool and be accepted first to Fiat be accepted, but there are also those who still refuse to accept be accepted. It is only natural and all will happen and all will happen be accepted time can accept.

Crypto investors need recognition and regulations from the government so that they are legally protected and crypto is not considered something illegal.
those investors will feel safe and this will attract new investors, because they feel legally protected. and the government can also get taxes from crypto transactions on local exchanges. so a mutualistic symbiosis between investors and the government.

Indeed, it can be critical to development for this investment to have a proper legal framework built around it and recognized by the government. With good regulations in place, investors will feel more secure because there is law that governs the rights of the investors in every contract.

It will also create new ways through which the government can collect tax revenues on the cryptocurrencies activities. This foster the mutual benefits whereby both investors and the government benefit in equal measure in the support of development of the digital economy.

But can  crypto market still exist without government regulation? I think from the begining of crypto where USDT or stable coin didn't exist yet crypto market stand alone. Altcoins during that time are priced in satoshi which I think was good. Today I guess every token and BTC can be bought with USDT and fiat.

Regulations are just there to collect tax, you can believe the government just interfere the market to make money out of it but at least they won't make it illegal.