VYB_POBSTREET 05-03-2022 #49: When would cryptocurrency become a legal tender?

in #vyb • 3 years ago

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TODAY'S DISCUSSION


How long do you feel ceyptowill become an official legal tender?

Expecting this news of cryptocurrencies to be fully legalised eradicateing fiat currency since over two years with every news so similar.
great countries and organisations focusing on cryptocurrency like microstrategy,tesla,el salvador all in supp3of bitcoin and publicly buying made me expect this news.
the day the news will he announced i will be the happiest mwn on earth that day qnd i hope soon.

Do you know why its not yet being legalised publicly?
ukraine already accepted cryptocurrency as a donation.
then what's left for cryptocurrency to be announced as a legal tender?y

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3 years ago in #vyb by
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    • [-]
     3 years ago 

    Honestly, Cryptocurrency is really making changes in the word, and I believe sooner it going to adopt all over the world

    [-]
     3 years ago 

    I like the fact that countries are beginning to accept it and also lugano in Switzerland have join the queue to benefit from the impact it has to offer so looking at it that way possibly cryptocurrency won't take long to become a legal tender

    [-]
     3 years ago 

    Switzerland is where world bank is.
    Ohh my God
    Everything is working in crypto favor.
    When was that?

    [-]
     3 years ago 

    That's our dream to achieve something that will make a world be a better place and Crypto is the key factor

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      [-]
       3 years ago 

      I appreciate the fact that you said crypto is the key factor because it's the talking points at the moment and things are beginning to work fine with it. Looking at the present situation in Ukraine it was also used as a means of donating funds to them in other to provide for them at the moment which is amazing and definitely a work well-done to assist

      [-]
       3 years ago 

      It's already being adopted but not yet publicly.
      Everyone individually investing in crypto😋😋

      [-]
       3 years ago 

      And this is why big names can deny the fact of investing crypto anymore

      [-]
       3 years ago 

      When would cryptocurrency become a legal tender?

      This is something we can't just say now as no one here has the right to make it one ,but I sincerely believe that it adoption by other countries just as El-Salvador and others will help enhance such move, without that we should just wait and see what happens.

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        [-]
         3 years ago 

        The truth be told crypto is here to stay and every individual around the world is accepting it usefulness to change things positively and the help it renders to solve issues it awesome so looking at those important aspect definitely it won't take time to become a legal tender

        [-]
         3 years ago 

        I believe sooner or later it will happen and everyone will definitely benefit from it because cryptocurrency us here to stay

        [-]
         3 years ago 

        Cryptocurrency don't need to be legal because if it's illegal you want to stop it?

        [-]
         3 years ago 

        No crypto transaction can be stopped anyway. With time crypto will gain it's full power even without being announced as a legal tender

        [-]
         3 years ago 

        because we are the people who gave it value and we are the one to legalize it.

        [-]
         3 years ago 

        Cryptocurrency not yet been a legal tender and when it's in real life situation of Ukraine even Ukraine can't deny accepting it as donation

        [-]
         3 years ago 

        because they have no choice this is how crypto will rule the world to the world we have no choice but to accept it

        [-]
         3 years ago 

        But am curious why only about 4% of this world population know about cryptocurrency 🤔🤔

        [-]
         3 years ago 

        Yea
        We are the government.
        We control the government
        We make the government.
        Anything major people accept is good to go

        [-]
         3 years ago 

        People made government,the government changes and the president have his own personal life invested in crypto because he can't remain a president forever

        [-]
         3 years ago 

        Biden already in support of cryptocurrency.
        What then are we expecting anymore?

        [-]
         3 years ago 

        Yes.
        It's not illegal too.
        We can see the government isn't publicly they don't need to announce to be legal tender or it's already legal

        [-]
         3 years ago 

        Cryptocurrency don't need to be legal because if it's illegal you want to stop it?

        Cryptocurrency can only be eradicated if every single person stops using it.
        Individual or some group can't stop it.
        It's legal already

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          [-]
           3 years ago 

          People already started using it and it depends on everyone individually just one person or a small organisation control over it

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              [-]
               3 years ago 

              Yes crypto doesn't need to be declared legal at all.

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                [-]
                 3 years ago 

                It's needs to be more popular.
                Few people still has cryptocurrency 4.5% of the world population now.
                Still alot to go

                [-]
                 3 years ago 

                Population doesn't matter.
                Top people already involved in crytpo.
                Within just short period crypto can reach every body at once

                [-]
                 3 years ago 

                Do you know why its not yet being legalised publicly?

                It hasn't been legalized publicly yet because cryptocurrency is a threat to a centralized system which they built. But i know is only a matter of time before they will realize that they can not stop what is happening.

                [-]
                 3 years ago 

                There's a saying that if you can't beat them you join them, I believe the presence of Crypto can't be stopped instead the growth increases daily with more people trooping in to benefit from the impact and progress it has to offer or is offering.

                [-]
                 3 years ago 

                Agree with you💯💯
                Thier personal life they invest in crypto😂😂

                [-]
                 3 years ago 

                Even many celebrities now I'm going into nfts world

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                    [-]
                     3 years ago 

                    Why won't they even the government cryptocurrency solve their problem which is security

                    [-]
                     3 years ago 

                    and the technology of blockchain will even give them easy access to explore what they can.

                    [-]
                     3 years ago 

                    Bored ape is an nft celebrities do buy as of the one I heard the most

                    [-]
                     3 years ago 

                    You right
                    They are so popular in nft world

                    [-]
                     3 years ago 

                    Yes, I totally agree with you !luv

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                      [-]
                       3 years ago 

                      Centralized system will fall with time.
                      The world was more centralized centuries ago and compared to now there is freedom for people.
                      Future would be totally Decentralized.
                      Cryptocurrency is the future 💪💪

                      [-]
                       3 years ago 

                      The more time pass the more the world is becoming more decentralized.
                      Yes
                      No one has control over another

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                          [-]
                           3 years ago 

                          After holding much crypto that can control the market,they will now start legalizing it but now they will keep causing fud to buy cheap.

                          [-]
                           3 years ago 

                          We already have a very similar discussion about this.
                          Cryptocurrency don't need to be a legal tender because it doesn't change anything it is decentralized

                          [-]
                           3 years ago 

                          Cryptocurrency is not illegal too.
                          You can't expect cryptocurrency to be legal tender by the government.

                          [-]
                           3 years ago 

                          Because cryptocurrency is not for anyone and it is for everyone.
                          It's Decentralized and not centralized to anyone