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Is this why, most countries still hesitate on adopting Crypto

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In even my own personal choice such a large amount of realms fear's decryption, as no one conducts decryption, and asymmetric encryption prices hike alone but practical politics charges tax's for every seward's folly but in encryption we do seward's folly openly and no arbitrator pledged, so that's motive i think so many international locations not take decryption.

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18 hours ago, Upright said:

I was reading about deep web  from a site, and so from there, a theory just came up about concerning Cryptocurrencies. As for a rough explanation of deep web. This part of the web, will always and commonly deal with privacy, and not sharing your identity. So from what I came as from that article that the deep web, also deals with illegal activities there and most of the medium of exchange is using currency which can be private, and so the use of privacy coins now comes in, regarding that they won't want to attract surveillance on them, so they use privacy Crypto coins on doing transacts. And from that Crypto us being used in the wrong wat. So just from my thought, this might be one of the reasons which Cryptocurrencies is not accepted world wide

Yes i came as from that article  that the deep web , also deals with illegal activities there and most of the medium  of exchange  is using  currency which  can be private  and so the use of privacy coins now come in regarding that they wont want to attract surveillance on them , so they use  privacy crypto  coins on doing transacts .

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Well lots of countries are adopting it but the reason for not adopting or accepting the bitcoins is decentralization of these currencies. Nation afaraid that their local fiat currencies value will fall down. Another reason could be the illegal purchase through bitcoins. As bitcoins are not centralized by government these coins are totally controlled by its owner.

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16 hours ago, hadi6t6 said:

Frankly and in fact I think the only reason they are not universally accepted is that there are currencies that allow them to be used in a non-tender manner, and they benefit from the yellow color transmissions. It's very simple. It is sad that such a project is influenced by some people.

Yes its very simple   , it is sad that such a projects  is influenced  by some people  , it has a very good value now  in the market and people  should be encouraged to use it as they will earn much more profit  from it .especially  since bitcoins are less like stocks and more like cash .

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16 hours ago, Crypto Najeeb said:

there are very simple things that many countries in the world are not adoption the Bitcoin and crypto currency because there are very big and good things it brings with us lik the transperancy of money transfer and also the speed of transaction in money but also it brings some bad things like there will be no control of people on it so there can be bad actors can use it for evil things.

Yes it brings with us like the transparency  of money transfer  and also the speed of transaction   in money but also it brings some bad things  like there will be no control  of people  on it so there can be bad actors  can use it for evil things .

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This paints a bad picture for crypto since it highlights the cons associated with it, but this is not the main reason. The primary reason is since crypto holds the potential to replace FIAT causing major problems for the governments.

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While cryptocurrency is now trading illegally, many people are getting money-laundering through the dark web, which is why many people are thinking a lot about using cryptocurrency, which is what people in general think is cryptocurrency, not illegal currency.

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I think the most countries still hesitate on adopting Cryptocurrency because his volatility price and also still is not a thing that they can track, so cryptocurrency needs to be developed and more project to resolve those obstacles. 


 

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Some countries still hesitate because they are thinking that bitcoin is a balloon and it will explode soon but this is their misconception about bitcoin 

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While Bitcoin is welcomed in many parts of the world, a few countries are wary because of its volatility, decentralized nature, perceived threat to current monetary systems, and links to illicit activities like drug trafficking and money laundering. Some nations have outright banned the digital currency, while others have tried to cut off any support from the banking and financial system essential for its trading and use. 

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On 2/28/2020 at 11:26 PM, MrGox said:

It is not only about the money transfer, I have not convinced in this theme. The bad actors are always supposed to do evil things, simply because they have no other choices. So let's accept facts straight.

I don't know much more about that because I am new in this project. I think because people choose cryptocurrency instead of other things. And that's why country's economics goes down. 

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The main reason why some countries do not accept Crypto is that these currencies are used for illegal business and cannot be traced or discovered


THINK POSITIVE

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I dont know if this its one of the reasons but what i know is that many countries didn't accept crypto currencies because they don't know who owns it or who controls it. Because if you will find crypto story you will see only one name behind it which is Satoshi Nakamoto but there is no more.


Time is the ultimate weapon!

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Most countries hesitated not to support cryptography because they are either afraid of the collapse of local currencies, or they do not know well the positives that bitcoin has fixed since entering the crypto market. Nevertheless, I think that bitcoin will enter all global markets soon.

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On 2/28/2020 at 4:34 PM, Upright said:

I was reading about deep web  from a site, and so from there, a theory just came up about concerning Cryptocurrencies. As for a rough explanation of deep web. This part of the web, will always and commonly deal with privacy, and not sharing your identity. So from what I came as from that article that the deep web, also deals with illegal activities there and most of the medium of exchange is using currency which can be private, and so the use of privacy coins now comes in, regarding that they won't want to attract surveillance on them, so they use privacy Crypto coins on doing transacts. And from that Crypto us being used in the wrong wat. So just from my thought, this might be one of the reasons which Cryptocurrencies is not accepted world wide

Basically this has created a bad reputation for cryptocurrencies. The case opponents of crypto are making is that they are used for illegal and criminal activities and that they are not adopted or legalized in the real economy. This part is actually false as in fact the use of cryptocurrencies is by far more for legal purchases and only a small percentage has to do with the dark web and other markets of illegal services. Also Bitcoin has been abandoned lately because transactions have been under wide surveilance from government agencies and these markets have adopted coins with privacy features such as Monero. Although even for the case of Monero, it wasn't created to be used by criminal activities but to create privacy terms for cryptocurrency users, in order to avoid the users from becoming targets. 

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I think most countries do not accept cryptocurrencies because they are afraid that many people are not going to use them. Because cryptocurrencies are not very popular right now 

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In my opinion, they don’t want adopt it is true because by adopting it may loss their physical currency value. Crypto has so many advantages. Many people will love it besides the physical currency. It can harm their economic situation. That's why they don’t want to adopt it.                       

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No that's not the case bro. For my country only eome people knows about dark web I'm sure leaders haven't listened that. The main issue they are saying is the price fluctuations and coin is Decentralized and they fears that if everyone start doing Crypto transaction their revenue through tax of bank will be decrease so they are banning Crypto.


NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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They profit by the yellow shading transmissions. It's extremely basic. It is dismal that such a venture is affected by some people. It was impression about awful web from a website, and henceforth from that point, a thought just this moment came up about in regards to Cryptocurrencies. With respect to a crude explanation of profound situated web.

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Yes this is the only reason for reality, for which they are not accepted worldwide, it is true that there are coins that allow them to be used in non-tender ways, and yellow-colored newscasts benefit from them.  It's very easy  Sadly, a project like this is influenced by somebody, but there are so many things we can benefit from.

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22 hours ago, ₱eso Sense said:

Governments hesitate to accept crypto currency is because of volitle price which is not good

Why the government hesitate with this? Being a volatile of cryptocurrency is good for us because there has many holders are waiting for a good value to get some extra money by selling it into higher price, the government is not accepting this cryptocurrency because it has many usage in illegal activities, i hope you may understand.

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Some other countries fear to accept bitcoin because they think its privacy way of use can promote illegal activities in the country that can lead to terrorism and affect the economy.

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Well, I my opinion, most of the people think that they Crypto market is full of money launders. If they start to adopt the money launders will take huge advantage of it. 

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The most of countries are still hesitating to adopt crypto.The reasons is essentially related to the tax income and they want to minimize the threat from the black marketers or the scammers. Scammers or the corrupted person could use crypto currency to hide money. 

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