They might not know what they are doing exactly but they might just want to take advantage of the crypto currency setting early enough before it spreads like wide fire.
It is clear that many countries are taking the wait and see attitude. A few have taken the bold move to recognize and promote cryptocurrencies. These are the countries that will reap the first mover advantage when cryptocurrencies become widely accepted.
The IMF has expressed "concerns" - or rather, warnings - that smaller countries may see the loss of monetary sovereignty. A creeping global currency may well come in by stealth rather than diktat.
This is such a lengthy list I think it is good to know that countries are waking up to the improvement that may be offered with blockchain and it is exciting, my country is not on the list yet but I hope our leaders also wake up to the reality.m
Dubai was one of the first few countries to announce a government approved digital currency - emcash, but has gone quiet ever since. Wonder whether it will see the light of the day?
Policymakers in the crypto-averse countries are beginning to realize that it is futile to completely ban cryptocurrencies. They will eventually settle for regulations to control the use of cryptocurrencies in their respective jurisdictions. Many are in a dilemma on how to balance the conflicting pull and push factors.
The article is all originally written except for the cited part where the author of the text was mentioned as the source. If this disturbs you, we will gladly delete this article. Thank you!
It means that you are aware that you committed plagiarism.
This is not allowed at Project Hope Community.
In fact, it isn't allowed on Steem Blockchain.
They might not know what they are doing exactly but they might just want to take advantage of the crypto currency setting early enough before it spreads like wide fire.
It is clear that many countries are taking the wait and see attitude. A few have taken the bold move to recognize and promote cryptocurrencies. These are the countries that will reap the first mover advantage when cryptocurrencies become widely accepted.
You have left out Liechtenstein, another country as aggressive as Switzerland on the crypto front. See https://coinidol.com/liechtenstein-blockchain-hub/
The IMF has expressed "concerns" - or rather, warnings - that smaller countries may see the loss of monetary sovereignty. A creeping global currency may well come in by stealth rather than diktat.
This is such a lengthy list I think it is good to know that countries are waking up to the improvement that may be offered with blockchain and it is exciting, my country is not on the list yet but I hope our leaders also wake up to the reality.m
Dubai was one of the first few countries to announce a government approved digital currency - emcash, but has gone quiet ever since. Wonder whether it will see the light of the day?
Policymakers in the crypto-averse countries are beginning to realize that it is futile to completely ban cryptocurrencies. They will eventually settle for regulations to control the use of cryptocurrencies in their respective jurisdictions. Many are in a dilemma on how to balance the conflicting pull and push factors.
This post is a full copy / paste of another article published on steemit 3 years ago.
https://steemit.com/bitcoin/@bitconsulting/a-world-of-cryptocurrencies
In turn, it is also a total plagiarism of another article outside the steem blockchain:
http://techtalks005.blogspot.com/2018/01/worlds-view-on-cryptocurrency.html
At Project Hope Community we do not support plagiarism.
Please refrain from making these types of posts within our community.
Hi admin Juanmolina,
The article is all originally written except for the cited part where the author of the text was mentioned as the source. If this disturbs you, we will gladly delete this article. Thank you!
It means that you are aware that you committed plagiarism.
This is not allowed at Project Hope Community.
In fact, it isn't allowed on Steem Blockchain.
I will have to mutate this post.