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[AudraMiller]

There are many banks worldwide that are sceptical when it comes to the use of crypto and how it is being integrated into certain financial systems as well, and many of the central banks have spoken out about this. According to Cathie Wood however, it is just a matter of time before these central banks have to add the cryptocurrencies and these type of assets to their financial statements and their balance sheets as well, including banks from Argentina and even the UK. How long do you think it will take before this becomes a reality?

 

[Wisdom01]

You're right about that and that's a proof that the idea of cryptocurrency is one day going to be a worldwide term and right now, it's undergoing some kind of innovation and development.
Even for the government in my country, I know they are always the last to do beneficial things so they would come around when other countries have accepted it.

Cryptocurrency is really undergoing some kind of innovation ,the growth should atleast be commendable , the government should actually place more concern and interest on the development of crypto currency to get it more boost and development

 

[Skysaint]

Cryptocurrency is really undergoing some kind of innovation ,the growth should atleast be commendable , the government should actually place more concern and interest on the development of crypto currency to get it more boost and development

I guess it's because of this very innovation that the cryptocurrency market is going bearish at this very point in time. Well, I have always wondered if the more people get to know about cryptocurrency will mean the more the cryptocurrency market will lose it's lucrative value.
Let's hope this development is for the best.

 

[Ben Kempton]

Cryptocurrency is really undergoing some kind of innovation ,the growth should atleast be commendable , the government should actually place more concern and interest on the development of crypto currency to get it more boost and development

If cryptocurrency is integrated as a payment method and a part of many financial institutions, then I think that things would be quite easier for many merchants and customers. We can see this happening. For example, PayPal never accepted cryptocurrencies, but now things are quite different.

 

[Wisdom01]

If cryptocurrency is integrated as a payment method and a part of many financial institutions, then I think that things would be quite easier for many merchants and customers. We can see this happening. For example, PayPal never accepted cryptocurrencies, but now things are quite different.

Sure I really hope bigger companies like Apple , Amazon and so many more introduce cryptocurrency into their system , although to be honest when PayPal accepted cryptocurrency I was really happy , I already knew that it would have effect on the price of Bitcoin ,which it definitely did in the price

 

[Ben Kempton]

Sure I really hope bigger companies like Apple , Amazon and so many more introduce cryptocurrency into their system , although to be honest when PayPal accepted cryptocurrency I was really happy , I already knew that it would have effect on the price of Bitcoin ,which it definitely did in the price

PayPal's acceptance of cryptocurrencies is commendable. However, I think that there are many other companies that should also start doing the same thing. Cryptocurrencies should be accepted by local businesses as well.

 

[BullyMaguire]

If the governments accept crypto currency use the central banks would have no choice anyway just look at russia.. the central bank was against it before and im not sure if they are still but they are using crypto currency in now in transaction due to war.. so there's that

 

[BusyCat]

Cryptocurrency is used for many illegal purposes like drugs etc.. which has forced banks across the world to add the financial statements. But it depends on the country's population as well on how successful will the government be able to actually regulate the usage of cryptocurrency. In densely populated countries like India , it's very hard to track the cryptocurrency transaction made by the trader. They can still make she of foreign exchanges to avoid tax.

 

[Jidemania]

When bitcoin was invented, it was stated very clearly that the main objective of cryptocurrency is not be under the control of any regulating body by all what government have been doing now I just to find a way of controlling and regulating cryptocurrency. I hope this won't later affect so many things

 

[a_jerobon]

When bitcoin was invented, it was stated very clearly that the main objective of cryptocurrency is not be under the control of any regulating body by all what government have been doing now I just to find a way of controlling and regulating cryptocurrency. I hope this won't later affect so many things

Yeah, the government is so focused on making the crypto currencies to be centralized. Which is really not something that it was meant to be.

But there is a positive side to it becoming centralized. For example, they will have regulations that guide it's use hence crimes and scams will be reduced.

 

[btaliat]

Maybe this one too might actually be shocking ,but all I believe is that when it bounces to $30k ,there would be that rush to invest , because people would want to make more profit ,so they would lay that benchmark on investing more ,it's quite noticeable I hope it really boost at a start , lets see what would happen

I wonder why people always rush to invest on cryptocurrency during its bullish market. I think the best time to invest is bearish moment. This will give access to get the coins at cheaper rate.

 

[Wisdom01]

PayPal's acceptance of cryptocurrencies is commendable. However, I think that there are many other companies that should also start doing the same thing. Cryptocurrencies should be accepted by local businesses as well.

Yeah PayPal acceptance of cryptocurrency is actually commendable ,but the thing or problem is that some countries are really not ready to accept Bitcoin ,they feel it's just too volatile and making use of it as payment method might not be ab ideal something

 

[Franca01]

Actually

When bitcoin was invented, it was stated very clearly that the main objective of cryptocurrency is not be under the control of any regulating body by all what government have been doing now I just to find a way of controlling and regulating cryptocurrency. I hope this won't later affect so many things

Actually, i don't think a government can controlled crypto market but the only thing they can do is decide whether the country to support crypto or not. It is important that the main goal of crypto is not been able to be controlled by government.

 

[Wisdom01]

Actually

Actually, i don't think a government can controlled crypto market but the only thing they can do is decide whether the country to support crypto or not. It is important that the main goal of crypto is not been able to be controlled by government.

I believe the only way the government can excise their control is through regulation , and apart from that ,I don't think they could input any other control , although I still hope cryptocurrency thrives even if there are bad policies against it's development

 

[Franca01]

I believe the only way the government can excise their control is through regulation , and apart from that ,I don't think they could input any other control , although I still hope cryptocurrency thrives even if there are bad policies against it's development

Sometimes, i do think that the government can still controlled if he seen that cryptocurrency of depreciation the country's value. Or it can also be banned if the people in his country refuses to invest in banks and all are now investing in cryptocurrency.

 

[Wisdom01]

Sometimes, i do think that the government can still controlled if he seen that cryptocurrency of depreciation the country's value. Or it can also be banned if the people in his country refuses to invest in banks and all are now investing in cryptocurrency.

Yeah I do not think the government can control cryptocurrency , the out thing is regulating or banning cryptocurrency ,I believe it won't be even effective if they don't set up more lawful framework regrading cryptocurrency and others

 

[Franca01]

Yeah I do not think the government can control cryptocurrency , the out thing is regulating or banning cryptocurrency ,I believe it won't be even effective if they don't set up more lawful framework regrading cryptocurrency and others

yeah, i think it is even not possible for the government to do that. it can be banned in their banks but not in online. sometimes, we need to act smart as the way we work. For example, paypal does not support in many countries in

 

[Wisdom01]

yeah, i think it is even not possible for the government to do that. it can be banned in their banks but not in online. sometimes, we need to act smart as the way we work. For example, paypal does not support in many countries in

PayPal actually doesn't support some countries tho , they actually places some kind of limitations and others to some countries use on the account , like there are particularly some functions that you can't perform with your PayPal if you are in a country

 

[Franca01]

PayPal actually doesn't support some countries tho , they actually places some kind of limitations and others to some countries use on the account , like there are particularly some functions that you can't perform with your PayPal if you are in a country

Yeah, but it doesn't matter what really need is to always find your way out. Many are using it though it is not supporting in their countries. Actually we need to always be smart if you are working in online.

 

[Wisdom01]

Yeah, but it doesn't matter what really need is to always find your way out. Many are using it though it is not supporting in their countries. Actually we need to always be smart if you are working in online.

making money online most times do require a lot of risk , we should not always be in too much haste when we want to make money online , we could take things gently and still earn more money for ourselves ,that's something I noticed

 

[Ben Kempton]

I wonder why people always rush to invest on cryptocurrency during its bullish market. I think the best time to invest is bearish moment. This will give access to get the coins at cheaper rate.

I think that if you are a short-term trader, then investments must done during the time when market is stable. This is the period when I tend to invest more money. It was a great opportunity to invest in the market when the bitcoin market was in the $19,000 to $20,000 range and many investors might have benefited from that range-bound market conditions.