Developed countries vs cryptocurrency adoption...

[Tienda]

I think, and I believe developed countries are capable of adopting cryptocurrency already.
They have all the tools in their hands to handle cryptocurrency and also almost the goal or more of their population know what cryptocurrency is about.

My question why they are not deciding about cryptocurrency adoption?...

Do you agree with me and why?...​

 

[Goodday]

This is one big question l have been asking myself every day. But because most developed countries have the ability to control both the fiat and the cryptocurrency, without much problems, they allow the circulation of both the fiat and cryptocurrencies in the economy.

 

[Niftyyem]

There are so many reasons to the reluctance of these governments in adopting Cryptos. One that is very obvious is the fact that it is hard to control its use and that will be taking power away from them. Then, the fear of their fiat losing value in the face of Cryptocurrencies.

 

[Ralphjoe]

Most countries are stalling on adoption of cryptocurrencies because thry claim that they coins are not quite yet conversant with the coins and how it operates but we all knows the real reason they are not approving cryptocurrency is because of it's decentralized nature, they won't be able yo control it.

 

[Zanekhan]

I think, and I believe developed countries are capable of adopting cryptocurrency already.
They have all the tools in their hands to handle cryptocurrency and also almost the goal or more of their population know what cryptocurrency is about.

My question why they are not deciding about cryptocurrency adoption?...

Do you agree with me and why?...​

In my point of view, Developed countries couldn't take risk to lose their control. it is really difficult to handle cryptocurrency smoothly. The adaptation of cryptocurrency means to share this control with others. That is difficult to accept by developed countries.

 

[Machismo]

Since cryptocurrencies adoption continues to grow around the world. A lot of developed countries are seeing the need to invest now. Moreover, there are speculations that cryptocurrency can become a mainstream means that a value transfer and ultimately, payments.