Quote from: regan101 on December 11, 2017, 10:09:48 AM

Quote from: jonathan6655321 on September 08, 2017, 12:51:49 PM

what do you think will be the future of this market? and what needs to change so governments will start to recognize it as a currency?

The market in cryptocurrency surge higher in the future and will threatened the government in the tax collection. There are already countries that are banning this business and convinced their society to cooperate and releasing propaganda on the disadvantages for cryptocurrency. In reality, the government can still collect the appropriate tax once the people is cryptocurrency converted their BTC in hard cash. The government can also establish a trading agency to where they can collect the equivalent tax immediately from trading.

I think the government, and especially the banking system, will resist to as more long. But cryptocurrencies the victory is inevitable. It's only a matter of time.