Just a month after El Salvador announced they were making Bitcoin legal tender, the central bank of my country announced that they will be legalizing Bitcoin since it was now a currency of another country.
What's more is that now you have Panama, Ukraine, Belarus and a few other countries looking into adopting crypto. A sovereign country making Bitcoin legal tender is huge for global adoption. No matter how small El Salvador is, it still holds the same weight in the UN as let's say the US in terms of voting power.
Not only that, countries that rely heavily on remittances or have high inflation will be benefiting a lot from Bitcoin. In just 11 years of existence, Bitcoin has already become legal tender of a nation. It just proves that the cryptocurrency community has been right all along.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments