So far, we have looked at the countries that are planning to launch their own cryptocurrencies, as well as the countries which have already launched them. But does this have any effect on Bitcoin and Ethereum? Well, it entirely depends on the treatment these two cryptocurrencies get.
Countries That Have Banned Cryptocurrency
If every country that has its own cryptocurrency attempts to ban bitcoin completely then it can amount to a serious threat. Nothing much can be said about this, if all of the countries start having their own cryptocurrencies, there might be a possibility that Bitcoin and Ethereum cease to exist. Since this isn’t an immediate threat we are facing, Bitcoin and Ethereum are, after all, pretty much safe.