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What does the future holds for cryptocurrency in your own country??

  • Thread starter Thread starter Sincerem
  • Start date Start date
Heatman said:
Well, in my country when it comes to cryptocurrencies, the government of my country is strongly against it but for the masses, it's very important to them because it's a huge means of survival.
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So many government officials are completely ignorant and this is why they do not want crypto Currencies to help the masses to make money.
 
The masses value it no doubt, only those politicians who doesn't want youth breakthrough are standing on the way l, trying to hinder our progress in any profitable venture we enroll into. They'll only encourage you to work hard, when it is a ripping off one like gambling.
 
The future of crypto currency in my country is decapitated because The use of the crypto currency transaction has been banned , and theres no way for us to make any transactions.
 
The future of crypto currency is not certain here in Nigeria because the government ban trading it in the country but we still trade it through P2P but we hope for a brighter future for crypto currency because it helps.
 
Even though the government of my country banned cryptocurrency but I can still say that the future is bright for cryptocurrency in my country.
 
At the present, financial institutions are banned from involving in anything crypto. I think that the market in general has a long wat to go and a lot to be seen.
 
The ban in the transaction of cryptocurrency has really made a lot of people in my country to know about it the more. A lot of people are currently in to it.
 
Central bank of the country banned crypto currency 3 years ago and the ban is still in effect. But I think sooner or later the ban will be lifted and people can start investing.
 
Sincerem said:
Sometimes my own country makes some unfavorable decisions that is unpleasant to its people without reasoning the future implications. stopping the banks to trade Cryptos on their own, and stopping them from accepting deposit of cryptos from online merchants isn't the right choice at all. Only the future will tell where this will lead to. I believe that no matter the dreaded circumstances that fazed crypto at the moment in my country. I believe that it will still grow both in my country and worldwide.

Have your country adopted wide usage of Cryptocurrency? Or still doubting it like my own country??
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I believe that the future of cryptocurrency in our country is brighter than broad daylight. Its because our government in the present time approves of it. I hope they will not ban it later on.
 
jeff87 said:
I believe that the future of cryptocurrency in our country is brighter than broad daylight. Its because our government in the present time approves of it. I hope they will not ban it later on.
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Laughs, your comments is hilarious, yes, it is brighter than the day time. Let's be hopeful that our country and other countries too will see it as a legal tender.
 
Sincerem said:
Sometimes my own country makes some unfavorable decisions that is unpleasant to its people without reasoning the future implications. stopping the banks to trade Cryptos on their own, and stopping them from accepting deposit of cryptos from online merchants isn't the right choice at all. Only the future will tell where this will lead to. I believe that no matter the dreaded circumstances that fazed crypto at the moment in my country. I believe that it will still grow both in my country and worldwide.

Have your country adopted wide usage of Cryptocurrency? Or still doubting it like my own country??
Click to expand...
One thing i have come to understand is that,every responsible government would always put mechenary in place to give its citizens a decent and conducive living condition.Investment in cryptocurency was seen as the quick way to make money,reason a lot of money from individuals account were moving into the market,and the government was not happy about that.Except a good alternative is brought out,a lots of persons will still want to cash in on the fluctuation.
 
Sincerem said:
Sometimes my own country makes some unfavorable decisions that is unpleasant to its people without reasoning the future implications. stopping the banks to trade Cryptos on their own, and stopping them from accepting deposit of cryptos from online merchants isn't the right choice at all. Only the future will tell where this will lead to. I believe that no matter the dreaded circumstances that fazed crypto at the moment in my country. I believe that it will still grow both in my country and worldwide.

Have your country adopted wide usage of Cryptocurrency? Or still doubting it like my own country??
Click to expand...

Seriously, my country is a total mess with what the government are pulling up and down to fight the use of cryptocurrency. They are threatened ban but most people don't care.
 
Personally, I was shocked when I heard about this decision from the government. Of a truth, it is really not a good idea. But I think the decision will be reversed someday. I just hope it doesn't take longer time to resolve this. I am happy that even with the ban the exchanges still looked for a way to help their users through the use of P2P platform.
 
When it comes to cryptocurrencies in my country they are completely banned because you can't really have any kind of financial bank transaction with them otherwise your account will be frozen.
 
Right now. I don't know the future crypto currency holds in this Country. A ban was placed on crypto currencies and it has not been lifted although I believe if a government that is more enlightened comes into power, there might be changes.
 
Sincerem said:
Sometimes my own country makes some unfavorable decisions that is unpleasant to its people without reasoning the future implications. stopping the banks to trade Cryptos on their own, and stopping them from accepting deposit of cryptos from online merchants isn't the right choice at all. Only the future will tell where this will lead to. I believe that no matter the dreaded circumstances that fazed crypto at the moment in my country. I believe that it will still grow both in my country and worldwide.

Have your country adopted wide usage of Cryptocurrency? Or still doubting it like my own country??
Click to expand...
Cryptocurrency is growing fast and most countries are adopting the use of crypto I know in my country it seems they are against it somehow but I know with time they will adopt it, because crypto is the future
 
Solutionav said:
Cryptocurrency is growing fast and most countries are adopting the use of crypto I know in my country it seems they are against it somehow but I know with time they will adopt it, because crypto is the future
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Surely they'll adopt it. Crypto is the future indeed, even when some countries are having mixed feelings around it its still growing because many are pushing it up.
 
I live in a country where cryptocurrencies are legal. Even if they were illegal, many people would still be using it because no one truly cares what is legal and illegal in my country. I live in a Tier 3 country and people in here do not really obey laws such as traffic rules. Having said that, I think cryptocurrencies have a good future in my country.
 
Sincerem said:
Surely they'll adopt it. Crypto is the future indeed, even when some countries are having mixed feelings around it its still growing because many are pushing it up.
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Well, looking at what most countries government is doing with cryptocurrency looking at China, they have banned cryptocurrency in their country and set up their own cryptocurrency.
 
Well I would say the future is bright because although crypto and it's activities where banned here but still that hasn't reduced its usage and popularity at all, and it's looking like the government have plans of theirs too
 
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