You are right , I am from India and my government Mr. Narendra Modi said that ; he will soon bring cryptocurrencies in banks for various modes of method then i surely think that other countries will also look forward to that and also Joe Biden also mentioned about Bitcoin recently. Hope government accepts it soon.
If the dollar had to be introduced in terms of a digital form it would have to be stable and have a set value that does not change to ensure that is consistent in this value, otherwise it will undergo severe volatility if it is introduced as a cryptocurrency. Therefore, I think that perhaps it will be introduced, if a digital version is introduced, as a trading pair like it is on the yobit exchange. In this way it can; be traded, but it is a pair that is used as a basis for direct purchases of other coins.
It will be difficult to introduce a digital dollar currency as a trading pair. If that should happen what will decide the rise and fall of digital dollar currency will be demand and supply.
I believe they are still limited in knowledge of their understanding. The first time you and I heard of crypto currency, we felt skeptical about it if its real or not but daily as we build our knowledge on it we understand it better. If they give room to understand it then it won't be illegal as u term it
I believe they are still limited in knowledge of their understanding. The first time you and I heard of crypto currency, we felt skeptical about it if its real or not but daily as we build our knowledge on it we understand it better. If they give room to understand it then it won't be illegal as u term it
Of course I agree with you. Cryptocurrency is going up day by day and its future is very bright but not permission to use cryptocurrency in our country and unfortunately we are unable to use in our country for shopping.
It doesn't matter if cryptocurrencies are not acceptable in your country but you can make online wallet and can buy and hold for profit ,if you have payeer or other similar wallets by using which you can buy cryptocurrencies from those sites which accept payeer and other methods.
If cryptocurrency is illegal, then since 2008 when the first blockchain technology was launched in the place of bitcoin and still been used till date, it would have be banned for any kind of business transaction. But no, it's gained more popularity and used globally. So, there is no way any cryptocurrency is illegal.
Exactly, there's a lot of benefits and help it can provide to people's financial status and even help countries in their transactions. I hope that it gets legalized to the countries that's still skeptical and closeminded about Cryptocurrencies.
The one exchange that I use is the yobit exchange. On this exchange platform there is various different pairs that you can trade within and some of the most common ones are bitcoin, USDT, WAVES, ETH and USD. This is actually a dollar coin that you can use to trade and you are getting whatever you have in terms of Dollars which is a very good thing if you're looking to save your funds and to ensure that your funds do not fluctuate with time.
What are the countries that accept crypto currency as payment method? It makes me wonder why I have been seeing such posts that crypto currency is accepted but I cannot find a country that accepts Bitcoin as payment in the store or even in depositing to a bank account. Crypto currency is not money. It is just a commodity for now that is being traded digitally. It is like an invention that many are buying and many are selling so it is getting popular and prevalent. Although crypto currency is not illegal but it is not a legit currency.
