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

[Halexcity]

The future of crypto I my country is not predictable because of the government policy. The government dosnt belief in crypto currency so there is possibility of restricting people from going into crypto currency.

 

[Seun4luv]

The future will hold, Bitcoin will act as Remittances for many people. Lack of knowledge cap make the people buy Bitcoins as a safer mode of investment similar to Gold. With smartphone transactions, half of the world will march towards non-cash transactions.

 

[Victor001]

A country that lacks vision is destined to retrogress but in a suituation when the force driving the country is backward its hard to implement positive ideas. Banning the use of crypto just shows the myopic nature of people.

 

[Sincerem]

A country that lacks vision is destined to retrogress but in a suituation when the force driving the country is backward its hard to implement positive ideas. Banning the use of crypto just shows the myopic nature of people.

Our country is very myopic in nature, banning Cryptocurrency isn't the right idea for them at the moment. It shows the political leaders lack vision, and that is drawing us backward. We are not moving forward cos of bad decision making.

 

[Onachukwu]

Some say that cryptocurrencies are going to end up disappearing. Others, however, agree this payment system as the money of the future. They highlight its ability to make instant payments at a low costand place them at the center of financial opportunities. However, those who still have not taken conscience of this point, as is the case of some central banks, are reluctant to its inclusion.

 

[Aniwhyte]

Over here in my country Nigeria, the future of cryptocurrency was so very bright until our wicked government chooses to step in and put things on a halt which is really so pathetic, before the ban on cryptocurrency few days ago, Nigeria seems to be the highest users of cryptocurrency after USA.

 

[Youngdee]

In my country the use and trading of cryptocurrency has just being prohibited and I guess this is as a result of government not having access to people’s funds anymore. There have been harsh bank policies which doesn’t favor lot of people and this has made them divert their attention from saving in bank to using bitcoin which is easier and doesn’t cost anything.

 

[Edward2]

In the Philippines, Bitcoin is legal. The nation is also incredibly crypto-friendly and not only legal. Bangko Sentral ng Pilipinas has many approved, aside from Bitcoin, cryptocurrencies registered, which is good news. Indeed, several outlets have rated the Philippines as one of the world's most crypto-friendly.

 

[Rimsha kanwal]

It all started in 2009 with the release of bitcoin, which at the time was something new and unknown to most. But now almost everyone has heard of bitcoin and interest in investing in cryptocurrency or starting a career as a trader has grown. Although they do not have a long history, cryptocurrencies have caused a stir and have been attractive to many people.

 

[Erik4150]

My country Nigeria is the second largest user of cryptocurrency in the world. But unfortunately the government banned the banks from any involvement in cryptocurrency. I cannot purchase crypto anymore with my bank account. The ban will affect cryptocurrency negatively in my country but it is too early to say what the future holds for cryptocurrency in my country.

 

[Muhammadawais]

According to Yahoo, there are four cryptocurrencies to invest in 2020: Bitcoin, Ethereum, NeoO and EOS. In this case, Tiwari says there are five coins that would be great to invest in. In addition, they believe that these coins can convert 500 500 into a maximum of 5 5 million.

 

[Kelvin7656]

Supporters of Bitcoin and other cryptocurrencies claim that these financial platforms are inherently trustless systems - that is, they’re not directly tied to any nation-state, government, or body. They would argue that cryptocurrency is superior to traditional physical currencies because it is not dependent on, for instance, the U.S. federal government.

Grundfest notes that regardless of whether you think that’s a good or bad thing, it’s not entirely accurate. Cryptocurrency aren’t really trustless at all. They are still reliant on the underlying infrastructure powering cryptocurrencies like Bitcoin, much of which is located in China. The Chinese government could theoretically make changes to cryptocurrencies at a fundamental level by imposing its will on the data miners who keep them running.

 

[bhennie]

It’s sad that some countries are trying hard or rather are against crypto in their country. The fact is cryptocurrency is the future, top companies are already investing heavily and buying the idea, but sadly my country through its CBN just gave a policy that has a hard effect on cryptocurrency, restricting buying and selling

 

[unhappy triad]

trade limiits and partial ban on cryptocurrency set in my country makes it quite difficult now to trade in it. Limitations are high. Future looks bleak and we may miss out on big time fortune. Ut Im sure things will return to normal again

 

[Sake]

I don't know, majority of people sre not aware that Cryptocurrency exists. Our government doesn't show any interest or hate towards Cryptocurrency actually they never mentioned it once. News rarely.have anything with Cryptocurrency news on it. We are currently behind. But if other countries fully adopt it maybe mine too.

 

[shakky2]

previously, crypto currency holds a very bright future in my country as it helps in reducing unemployment among the youths and also give way for multi tasking but currently there has been a ban about to be placed on crypto currency by the government

 

[Maloney22]

In Nigeria, there is has been a ban of all type of cryptocurrency since early this month. The federal government have instructed all financial institutions to stop totally the operation of cryptocurrency in Nigeria, and any financial institution caught doing business will be seriously penalised.

 

[Mechi]

There is already an entire industry built around cryptocurrencies and it’s held by institutions dedicated to supervising all the digital coin exchanges taking place throughout the world. The rate at which the cryptocurrency industry is growing is earth-shattering and this can be confirmed by early adopters that became rich overnight and found opportunities to grow financially. Bitcoin, the most famous of these cryptocurrencies, has already permitted many people and companies to develop and flourish, while many also rely on trading as their source of income. The economy is slowly shifting to adapt to these needs and cryptocurrencies have a great potential in satisfying them.

 

[Folaham]

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??

Seems we are from same country who still doubt the power of cryptocurrency in driving youth inclusive economy.
Despite the set back in my country from the government declaration on no funding from local bank, the growth of cryptocurrency in nigeria is still and will still continue to be on the upward trend. People are finding alternative ways of funding their wallet.

 

[Samuel77]

According to my own point of view cryptocurrency is a very good business and I believe in future it will go all over the country and it will be accepted everywhere in the world but right now in Nigeria cryptocurrency is in the stage of crashing down because the government has bounded cryptocurrency in Nigeria