Bitcoin, cryptocurrencies and blockchain have already been embraced by the government and people of Malta — which has tried to establish itself as the world's "blockchain island." Now, in an address to the United Nation's General Assembly, Malta Prime Minister Joseph Muscat has said he sees blockchain technology as the tool which will allow bitcoin and crypto to "inevitably" gain widespread, mass adoption and become the future of money. Muscat has previously said he believes bitcoin and blockchain have the ability to eliminate third party service providers, giving users more freedom over information and money. “I passionately believe technology revolutionizes and improves systems," said Muscat. "This is why in Malta, we have launched ourselves as the blockchain island.

Malta's attitude to bitcoin and blockchain has been praised by the global cryptocurrency industry, with the CEO of Binance, Changpeng Zhao, saying the company will be investing in Malta to help grow its local blockchain industry and local cryptocurrency companies.

(Source: https://www.forbes.com/sites/billybambrough/2018/10/01/massive-inevitable-bitcoin-prediction-made-by-maltas-prime-minister/#6c27cafe1b82 )

It is really good that Malta has made such an initiave and a friendly move towards crypto acceptance and has really set an example for other places who are not welcoming the crypto change with open arms. Malta's PM obviously can now expect a flourished economy for his country and his vision is really farsighted and admirable. Muscat has led his people to such a vision and they now have realized how far they can go with this modern virtual world.

P.S.: This blockchain island of the world is doing really well!!