What if all the governments accept crypto?

[Bhussainn2]

Blockchain will be everywhere round the world. And trading will be on air. Export and import will be within blockchain.

[RedzoneASE19]

If this well happen then this will be the greatest news of cryptocurrency. This is the best thing to happen in cryptocurrency and will surely change it for the life time.

[whitenem]

All countries can not accept crypto currency, because the level of development of each country is different.cryptocurrency can take only those countries whose economics are strong.

[AltLogan]

It hardly possible.
There still will be countries that won't accept it.

[trauchot]

Then we will can start working with cryptocurrency without fear and risk, it will be unnecessary to fear for our money, because those who will throw us will be punished, but that’s what will happen to cryptocurrency prices is unknown.

[paolobaltimori]

I think that when a common regulation  will be set between Countries, most of them will accept crypto. I don't know if this can have a big positive impact for prices because this would have positive and negative consequences (for example less anonymitous transactions)

[Bobcrypto]

Hello mate, you have good points here. Actually what is hindering most people in coming fully into crypto is completely a political affiliate of the wealthy men and women with the government of various countries of the world. Most wealthy and influential people knows that crypto and the blockchain are real technology, but because of their associate with the government, they prefer to participate indirectly and even come up openly to criticised it. I personally think that once there are  full backing or  the entire governments of the world gives approval,  the moon will definitely be the limit crypto could go. Lets hope and see )how these development goes. Thanks

[cryptofunn]

we are gradually moving towards this as soon as the legal status of crypto is determined, countries recognize these assets

[PRIBO247]

Most government tend to focus more on the disadvantages of cryptocurrency than its numerous advantages. That kind of mindset is difficult to change.

[Melon]

This is the best thing that happens in cryptocurrency and will definitely change it for life. If this happens well then this will be the biggest news of cryptocurrency.

[JaymondStark]

Yes, you are right on the situation that the market volume will increase enormously. But I don't think this will ever happen since the governments are so much related to the banks. And as you may have guessed, banks would be in the deathbed if governments accept the cryptocurrencies.

I can have a forecast of the situation that if governments are accepting cryptocurrencies, it means they are planning to make trades over the borders with cryptocurrencies. Well, not all but in some situations, yes. So, banks would not have enough backup to stand where they are, and their numbers would be decreased increasingly.

We will see what will happen in next 10 years I believe.

[212]

The impact of the government giving permission to use Cryptocurrency is the increasing number of people who want to invest. So the price of coins will increase considerably and there will be many shopping places that accept payments using Crypto. Surely this is the hope of everyone and more people will become rich.

[Chomzzy]

That would actually be the best thing ever to happen to crypto .
Government's acceptance will drive Mass adoption rate.

[bettyhill]

I still see crypto currency as the next great thing in the world.
Most countries reject the use of crypto currency mainly because they have difficulty tracking the activities of the crypto currency holders and that has negative effects on their economies.
Secondly some countries do not support the use of crypto currencies because they believe that fraudsters could launder money through cryptocurrencies without a trace.
Luckily, there are a lot of ways to tackle these issues nowadays. I believe that with time. Countries responses towards cryptocurrencies will be positive.

[Kadal Mesir]

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.

If all government accept crypto currency, I think the price will be more stable and crypto is more popular again.