The fate of countries that ban cryptocurrencies

[Domithra]

I don't worry much about countries which do not accept cryptocurrency because there have been instances where countries ban cryptocurrency and reinstate it later when the governments of those countries get to understand the concept and significance of the Blockchain technology and cryptocurrency to the country.

[owmivmen]

Yes I think in the future all countries will accept crypto. it takes time to explain the advantages of investing in crypto. I see the future of blockchain technology will help everyone including jobs and companies will use blockchain technology.

[Proton]

It is prohibited to circulate cryptocurrency mainly where there is a problem with the rights of citizens in the state. Here, the ignorance of governments in relation to cryptocurrencies is not so important.

[Fivestar4everMVP]

Forgive me but I must say that is out of foolishness for a government of any country to ban crypto currency at this time, blockchain and crypto currencies have proven beyond doubt that it has come to stay and nothing any man or government do now that will stop the existence of crypto, banning crypto in any country is just like pouring water on a stone, only the top gets wet, but the inside is as dry as anything you could think of.

[Unbunplease]

I believe these countries will lag behind in their development.  Ban is a very big mistake, and the sooner this realization comes, the better for the future of these countries.

[sampoerna]

Yeah, that's right.
The issue of cryptocurrency banned y countries right now is very small and they don't give much influence.
And sometimes, the countries really can change it to accept the Crypto. SO, let's wait for what will happen later

[Lanirex]

Countries that prohibit Cryptocurrency, of course, the people will miss this modern payment technology. Developed countries should be able to accept Cryptocurrency and legalize it so that the community will be easier to pay.

[vegasus]

Some countries cannot accept crypto because of many reasons, some because of the fear of volatility of BTC price and some because of the laws. I think it is no problem still not all countries accept Bitcoin. In fact, there are already many countries accepting Bitcoin both as a digital asset and payment tool. We just need to wait.

[Alter]

My country has accepted crypto as a digital asset but not for payment tool. I think it is no problem as long as we can trade the crypto legally. We need much time to see the crypto to be used as the payment tool. Every government in the world may be considering to join crypto right now, but they need time to decide it.

[Cryptoz]

Just let it because every country has different considerations and also condition about the countries, societies, and also laws. In this case, we must believe that it is only a small term of bad issues. So, we can ensure that we don't panic and still follow crypto for our investment

[Quart]

Neve bother with what they did and ban cryptocurrency. They only do not know that this is something very worthy and will make many people being rich although it has risks. However, it will never change my mind to like investing in crypto

[I-Bit]

Many countries don't accept crypto because they are fearful of the negative sides of crypto. They may don't know well about the crypto, but they will know it sooner or later. I think in the near future, there will be more countries to unban and accept crypto because they already know the truth and advantages of crypto. Moreover, if there are many demands from their people there.

[Thymoty]

The fate of countries that reject cryptocurrency has not changed, but they will be left behind regarding the development and implementation of cryptocurrency from countries that have accepted it first.

[masterrex]

I think some countries are just observing how the crypto economy works and behave so that it won't give any harm to its citizen and of course to the economy thats why I believe that their decision is just temporarily imposed and it may change along the way if they realized the potentials of the crypto industry.

[Evgenklm]

Those countries that prohibit cryptocurrency at home are not very far-sighted, because the cryptocurrency market is huge and limitless, the amount of investment reaches billions, this would be an economic boost for most countries, but they chose a different path.