Home Altcoins News More Countries Might Take El Salvador As Example to make Bitcoin (BTC) Legal Tender

More Countries Might Take El Salvador As Example to make Bitcoin (BTC) Legal Tender

More Countries Might Take El Salvador As Example to make Bitcoin (BTC) Legal Tender

Dan Held expressed:  El Salvador will not be the only country to make Bitcoin legal tender.

Community Reaction:  Bitcoin should represent freedom, not forced upon people as Vitalik said.  Forcing new options on people to empower them, disgusting.

No it won’t, but it will go on in history forever as #1 similar to Coca Cola, McDonald’s, etc. That position will never be taken away. When you were the 1st, you will forever have been the 1st.  Go El Salvador! Make your country the next Coca Cola; the Bitcoin country of the world.

Once countries 2, 3 and 4 go it will be like dominos – BTW Mr. Held closing in on a cool half a million followers – which Bitcoin Twitter aficionado will reach 21 million followers first? The race is on.

 

True, but the first country which will face a huge storm from the global players. Don’t want to think about the outcome – depending on how serious they take El Salvador as a threat.

Nayib Bukele keep on going, good times ahead.

 

The new generation in many countries will push the old politicians to change their minds on crypto especially Bitcoin.

 

Ukraine, I think has already came out and said they will be using Stellar XLM network.  I thought we were talking about Bitcoin as decentralized base layer.

 

Honduras, Paraguay etc. are forced to do so, because they made the same mistake trusting the US word to bound their currency to the USD, the devaluation of the dollar hit those countries the hardest.

 

This + the fact that no other alternative currency has what it takes to be adopted as legal tender.

 

All have accepted the cryptocurrency at the background, this tech is inevitable as is internet. The only issue of revealing the adoption is TIME. We are so close.

 

The baton should be taken by a small country from another continent surrounded by volcanoes. Do you think this is Iceland?

 

Yes, all poor countries will, because all currencies will fail and poor fails first.

 

Make sure you do not live in the last country to make Bitcoin legal tender.  More Countries with forward thinking leaders, and an interest to grow a nation’s finance exponentially will join

Probably not smart enough to say this, but I believe those who go early on this will gain an advantage.

 

Not sure why other countries, specifically ones like Turkey are not jumping at chance of Bitcoin-ing their economies. What do they stand to lose?

Which country would you predict will be the next?

 

 

 

 

 

 

 

 

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James Thorp

James T, a passionate crypto journalist from South Africa, explores Litecoin, Dash, & Bitcoin intricacies. Loves sharing insights. Enjoy his work? Donate to support! Dash: XrD3ZdZAebm988BfHr1vqZZu6amSGuKR5F

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