Perspectives on Cryptocurrencies from Leaders Around the World
An interesting perspective on cryptocurrencies has been compiled by news outlet, Asia Crypto Today and it comes namely from leaders around the world. Most of the perspectives shared in this post lean towards positivity and friendly stances, with very little uncertainties attached. This is definitely uplifting considering the rather stagnated exposure and growth the market experienced in most of 2018.
Here is a quick breakdown on what said leaders have shared, whether they have considered the likes of a tokenized system and much more:
Venezuela’s President, Nicolas Maduro
It doesn’t come of surprise that the Venezuelan president made the list, as the country has since been tied to its native currency, Petro, which is backed by oil. Given that the country is currently in an economic crisis and its people are suffering the consequences, the idea for Petro came about as a solution to fight off “American sanctions”. As for the token’s platform, it has been created off of NEM blockchain and is currently valued at $60 since it is “provided with a barrel of state oil,” notes the report.
Columbia’s President, Ivan Duque Marquez
Like the previous president, Marquez also plans to get the country involved within the crypto markets. While he only recently took the role of President, it seems like he has it all figured out as to how to bring economic progress. This isn’t surprising given his background in the “Inter-American Development Bank” and his overall understanding on blockchain technology.
Malta’s Joseph Muscat
Malta has been making several headlines when it comes to cryptocurrencies, as it managed to secure partnerships with successful exchanges such as Binance and OKEx. Furthermore, the island’s friendly outlook on cryptocurrencies have been reflected as welcoming to several crypto businesses who have since considered relocating.
According to the island’s Prime Minister, Joseph Muscat, both digital and fiat currencies are considered the same and hopes that the need for intermediaries will no longer exist. He strongly affirms that corruption across most industries is surely to come to end thanks to blockchain technology.
Belarus’ Alexander Lukashenko
President Lukashenko’s yearn to make Belarus the center of attention in regard to blockchain technology has since been reflected in the country’s tax incentives and their inviting outlook towards such startups. Cryptocurrency activities have also been given the green signal, hence those who wish to conduct such businesses can do so at Belarus with low tax implications. Furthermore, one can also take part in mining tokens, Initial Coin Offerings (ICOs) and more.
Russia’s Vladimir Putin
President Putin is not an unknown figure, as the entire world has questioned Russia’s interference during the American Elections of 2016. Unlike the aforementioned leaders, Putin seems to have a neutral stance on cryptocurrencies by describing it as lacking security. However, he has not imposed any restrictions on such activities. His interest in blockchain technology is said to be evident, as he supposedly met with Vitalik Buterin to deliberate on the concept.
Former American President, Bill Clinton
Clinton seems to be impressed by blockchain’s ability to disrupt the whole system “regardless of state borders and revenues”. He supposedly shared that moving forward, opportunities within the crypto sphere will be “amazingly great”. He was also the one who gave advice on policy-making – noting that it could either help with progress or hinder it altogether.
Given the numerous, positive outlooks on cryptocurrencies from world leaders, are you confident that it will surely mature? Share your thoughts below.