Post
Topic
Board Economics
Re: Use of cryptocurrencies, a concern – IMF
by
Gozie51
on 15/03/2021, 11:19:33 UTC

That is why I like countries like USA that do not ban cryptocurrencies  but regulating it. As fiat is, it is most used in all these


Most things come in stages and time. It is clear to the world the cryptocurrency and bitcoin is a world phenomenon and with time, countries that are not positive will turn around. If not a total adoption but will use it as an option. Countries that have pronounced ban on it have not been totally successful on the ban. India and Nigeria have their citizens buying on P2P basis and things are going on. Time is a factor that will bring the reversal because the government is losing.