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[Ben Kempton]

Trading in cryptocurrencies is now becoming a norm. There are so many people in the world who have invested in cryptocurrencies and I believe that each and every country has a significant population of people that has held, traded, or invested in cryptocurrencies. It seems like U.A.E is definitely one of those countries where cryptocurrencies are being held and traded by more than 11.4 percent of people (approximately), according to a recent survey. This survey was conducted by the Telecommunications and Digital Government Regulatory Authority of the United Arab Emirates. The study is quite interesting and this suggests that U.A.E is one of those countries where cryptocurrencies are welcomed. What are your valuable thoughts about this?

 

[Wisdom01]

Cryptography is a new currency revolution. When it started a lot of people thought it was a joke untill people start seeing how much each currency worth that is when people started adopting it.
Like UAE when you have a good government in place things can easily work out well years to come the percentage will increase

I really wish some other countries government could have that interest in cryptocurrency , because with the interest it would actually contribute to cryptocurrency development nevertheless

 

[Deyiang]

I really wish some other countries government could have that interest in cryptocurrency , because with the interest it would actually contribute to cryptocurrency development nevertheless

Yes you are right the fact is that most of the country leaders are afraid because they may be feeling that it could lead to more corruption in the society because they do not have total control over it.
Today a lot of youth are using crypto currency as their source of their income

 

[Wisdom01]

Yes you are right the fact is that most of the country leaders are afraid because they may be feeling that it could lead to more corruption in the society because they do not have total control over it.
Today a lot of youth are using crypto currency as their source of their income

There are really a lot of youth that actually see cryptocurrency as their only source of income ,many really do want to benefit from it , they try at every instances to look for how they could benefit from it no matter what

 

[TAH123]

Crypto is growing and gettong more popular day by day. One of the main reason is that crypto is universal. There is no boundary or anything. All the people from all over the world can invest in crypto. But UAE is a developed country. And only 11% of the people has invested in crypto which is relatively low. Maybe they're still sketchy and fearful of crypto.