Post
Topic
Board Altcoin Discussion
Re: Which countries are more friendlier to crypto?
by
Abiky
on 21/06/2019, 17:34:28 UTC
it can be said if developed countries more easily accept crypto, for example Japan and America and other developed countries.
maybe because the people and government are more open to new developments in this era so they want to accept crypto.
and in my opinion China will also immediately accept to accept crypto.

Without a doubt, developed countries more friendlier to crypto than those within the third world. They embrace technology in every way, which are quite progressive in this regard. As for third-world countries, it seems nearly impossible for them to accept crypto as a legal form of payment, mostly because they lack the technological infrastructure to support them. Still, people seem to find a way to use crypto even if some countries are restrictive to it.

In Venezuela, many people are using Bitcoin and Dash, despite being illegal in the country (as far as I know). Given that their national currency has experienced high inflation rates, they're resorted to other means which are ideal as a store of value. Perhaps in the future, countries which have troubled economies, will accept crypto as a legal form of payment. No one knows what will happen in the future.

Despite this, there are many countries nowadays which are quite friendly to crypto after all. Only a small few, are restrictive towards crypto, but they're starting to change their minds (like China) as they're realizing that crypto is too big to fail. Nonetheless, the US, the UK, Japan, and Malta, seem to be the most friendliest countries towards crypto within the mainstream world. Just my opinion Smiley