World Government and Crypto Restrictions

[Sedy 670]

On 1/19/2020 at 9:37 PM, Oluwaseun said:

For the time being, the government of the world are placing lots of restrictions on the success of the Crypto Technology. This is because its value is really shooting day by day and there is no way to control this very beautiful technology. This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

Governtments of many countries who restrict or made crypto currency illegal.. are afraid of getting thier country finnancial  state into crisis.. with the introduction of crypto currency.. governtments of these countries should move ahead to future ,sooner or later crypto currency will be forced to put into use.

[Hanan951 841]

every country has its own problems with crypto but for sure all of them have the same issue cryptocurrency is better than the usual coins that everybody use in reall life and all of them can have it anytime.

[SuperCrypto 7193]

In particular, the government fears something that it cannot control, which is very normal, while cryptocurrencies allow people to control their money as they please. As citizens can know that they can trade among themselves without the need for the state.

[Dark_Sky 8489]

On 1/20/2020 at 12:07 AM, Oluwaseun said:

For the time being, the government of the world are placing lots of restrictions on the success of the Crypto Technology. This is because its value is really shooting day by day and there is no way to control this very beautiful technology. This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

Indeed, that problem cause for being not legally accepted cryptocurrencies in some other countries. 

They are afraid because they know it will become more successful more than local currency. 

[Cammer 4609]

On 1/19/2020 at 6:07 PM, Oluwaseun said:

For the time being, the government of the world are placing lots of restrictions on the success of the Crypto Technology. This is because its value is really shooting day by day and there is no way to control this very beautiful technology. This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

I think governments are afraid of Crypto currencies because they are untraceable. So if someone got scammed or stolen, his money cannot be retrieved. This what really scares the world's governments. 

[Zezo 306]

I think the best option for governments is to support cryptocurrency. And it can benefit a lot from his technology if they want

[Lover840 0]

On 1/19/2020 at 9:37 PM, Oluwaseun said:

For the time being, the government of the world are placing lots of restrictions on the success of the Crypto Technology. This is because its value is really shooting day by day and there is no way to control this very beautiful technology. This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

Yes obviously crypto currency will be best currency in future. It will became necessary in upcoming days to adopt crypto currency. Government and banks will have to accept crypto at the end. 

[Mishu1234 101]

Yes most of the countries government are afraid of this matter because they think that cryptocurrency will take over banks which is not totally right because they both will be used in their own way      

[Dark_Sky 8489]

On 3/23/2020 at 6:07 PM, jekichchan said:

Now countries and the government do not accept cryptocurrencies just because most cryptocurrencies are completely decentralized, the authorities need control, but they don’t and will not have it if they accept it.

Yes there are some countries who don't accept cryptocurrency because of some issues regarding the coins. 

But for me much better if they will approve it for the help when it comes to financial. 

[Babubu609 0]

17 hours ago, David hussy said:

Crypto is bound by its own limitations.People are using cryptocurrency through restrictions and performing different types of tasks.If the world government declares cryptocurrency legalization, the world economy will be able to make huge progress...

they assume that cryptocurrency will take over banks which isn't absolutely right due to the fact they both will be used in their own system

[CryptoMaxim 3829]

On 27.03.2020 at 16:39, Solson said:

Currently, cryptocurrency has become too popular, and there is a better chance that in the near future we will see that countries of the world accept cryptography, although the world government still keeps it illegal.

This is possible if cryptocurrencies will continue to be in demand and will have value. In this case, the adoption of these rules and the imposition of a certain tax will contribute to the country's additional profit.

[Upright 2688]

Basically a national reserve funds will be one of the major financing institution that will be affect I if this Crypto of the decentralized systems are being accepted into the cycle of finance in a countries, as basically, a government will normally want to the the  judge which have the greatest control of funds on their countries finances

[Maroua 1159]

Because it will actually be better than their local currency, because the cryptocurrency has many positive aspects, including facilitating daily transactions, buying and selling, etc. The cryptocurrency is a wonderful thing.

[pablomarwan 3082]

Yes, of course, this is one of the reasons why everyone is discouraged from investing and adopting digital currencies due to the fact that they overcame the local currency, lost their value, and the economy collapsed on the other hand.

[George10 9932]

That's true mate governments are putting restrictions to make sure they don't accept blockchain technology by legalizing cryptocurrency because they fear it can consume their local fiat currency that they have total control to taxes.

[kizz 3370]

Many countries are still not open to crypto currency because there are no deep background and knowledge about it and there are no existing rules and policies about it.

[Raqeebzy 6456]

They won't admit it but they are definitely afraid the over dominance of cryptocurrency on the normal currencies, they just cover up by complaining about volatility or security of it. 

[Raven 7817]

On 1/20/2020 at 12:07 AM, Oluwaseun said:

For the time being, the government of the world are placing lots of restrictions on the success of the Crypto Technology. This is because its value is really shooting day by day and there is no way to control this very beautiful technology. This is the reason why most of them are afraid. Because they think this asset will be better than their local currency.

Its also because the governments in every countries are afraid that people will only used digital currency and forget about the fiat currency which or the paper money. If people used digital money it could affect the government that's why they're very strict in every success of cryptos. 

[Hazera 9]

We must understand the pattern of their investment in the market well and we need to invest accordingly in such a way that we are from a good amount of hate marketIn the present context.

[Syed Al Mamun 876]

I think all Crypto currency's holders are agree with me that it's the main obstacle to get to reach the great position. We always want to remove all obstacle. For that reason if all governments allow the Crypto currency then it will great sign.

[teminalibug 309]

On 4/8/2020 at 6:56 PM, Aman99 said:

Although decentralization, cryptocurrency has some of the most difficult restrictions to control and anonymize. Currently, the number of countries that ban cryptocurrency is decreasing

No I think it goes both ways, while some ban others are regulation it and the country that are still neutral about crypto they are so many still.

[Thekingcallme 1975]

Your words are true because fiat currencies are considered old coins if we compare them to sophisticated cryptocurrencies in terms of all aspects and that is why governments are trying to combat these currencies

[malik6314193 5449]

Yes of course. Crypto world is not controlled by any government. So they are making restrictions in their countries but crypto currencies overcome all markets. 

[iloveyobit 6599]

Yes, indeed we have heard every day imposing new laws on bitcoin and crypto in general by major countries, especially China and USA also .. 

[Zaino34 0]

This is true. Governments always strive to fight Bitcoin, because that is not beneficial to them. It affects their local currencies and their economy, so they try to limit the use of digital currencies continuously.