Hello guys;
It's my first contribution here. I am a PhD candidate in Political Science and International relations, I really like writing about the relation between Cryptocurrencies and politics.
in my country, cryptocurrency trading, and mining is prohibited. the reason why the government prohibited cryptocurrencies is because Blockchain technology is really transparent, and peer-to-peer, so if banks in my country and other countries where there is a lack of transparency, democracy, decide to adopt crypto, governments will do all their best to avoid adopting blockchain technology.
I have a project to prepare a study which focus on the relation between lack of democracy, and prohibiting bitcoin and cryptocurrency in general, but if I do such study, I will be faced by many problems, the first of these problems is that there is some countries that suffers from lack of democracy, but they are adopting crypto, like venezuela, and Russia. the reason behind that, I think, is that they are trying to avoid american and western sanctions, and secondly, they are trying to kill Dollar as the main currency in the World, in the long term of course, because if Russia will be for example the capital of cryptocurrencies in the future, and Bitcoin or another cryptocurrency will replace USD, Russia will be the dominant power in the world, because it will simply control cryptocurrencies.
Thatswhy, when I do some translations, of ICO's especially, I have found that 70 to 80 % of projects and teams are from Russia, and I think that the Russian governement even if it appears that it's not supporting crypto, I think Russia is in fact the first supporter of cryptocurrencies in the world.
So, I believe that of course crypto will change the world, but which country (s) wil be the capital of crypto? I think it's Russia.
Thank you