Crypto Forbidden Here

With the contradictory news on cryptocurrencies coming out daily, it is not at all surprising that the market has responded in a lackluster manner. As new investors the frequent questions that often come up are:

1. Is this really a bubble that some governments and some banks declare?
2. What if the bubble bursts and it all goes down to 0?
3. There is nobody backing up this system if it all goes belly up. How would I receive any protection?
4. Why do some governments, financial institutions and finance professionals so pro about crypto while some go far as to comparing it to trading dead babies brains .
   etc. etc.

To make matters worse, government regulators and banks are inconsistent in their stance and at times flip flop between accepting crypto and banning them.

General the stances can be broken down to 3:

1. Complete blanket ban.
   Typically countries which fear capital flight take this stance. Some of them also have very unstable currencies and are fearful that citizens can opt their way out of the financial system completely. More than half the population of the world have very limited or absolutely no banking services at all so it will be a lot more difficult to completely ban cryptocurrency once they have tasted the freedom of it. Many of these countries also have no alternatives to offer their citizens.
2. Partial ban on some cryptos or ICOs based on certain regulations.
   These countries typically have some way to monitor and check the growth of crypto currencies in their countries. They might be countries that have the tech to develop financial alternatives and typically try them push them forward.
3. Complete openness to crypto.
   These countries generally fall into 2 categories. Countries that see this as an opportunity to jump in on a huge financial opportunity OR they could be countries that view it as a way that can bring long term benefits to their societies.

The trend of these countries are likely to continue as it does now and it is quite likely that the very growth of each countries within the mid-term is likely to be impacted greatly by whatever decisions that are made in 2018. This means that this lack of clarity from governments and institutions are expected to continue for the foreseeable 5 years.