Post
Topic
Board Bitcoin Discussion
Re: Whcih countries will be forthcoming on adopting Bitcoin on a natioanl level?
by
masterzino
on 28/01/2021, 15:16:57 UTC
With every passing day, we have been seeing more and more institutions and governments becoming forthcoming on the crypto scene. So, what do you think, which countries will take the adoption on a national scale and why?

I don't think that any country will adopt it on a national level any time soon.

Why? There are few obstacles:

- fee on every transaction (LN is a solution)
- MAX number of transactions per block + slow blocks. IN every given country, you have millions to billions of transactions daily. (LN is a solution)
- trans-border trades
- VAT, import, and other taxes (without fluctuating rates)
- 1001 more problems on a national scale