Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as primary currency
by
Stalker22
on 16/09/2021, 22:23:30 UTC
~

Right, because at the end of the day we still need to exchange our BTC to fiat before buying something that's why we cannot make it as primary currency since this is not supported yet by most of the country only El Salvador is the one who do this but they still make USD as their main currency and bitcoin is option only. But we shouldn't lose hope as this adoption is started by on country maybe in future another announcement came that they will also make it as their legal tender but let see which country will adopt next.

This statement is not true. There are already a number of web stores around the world accepting payments in cryptocurrency and that goes for physical stores as well. You can buy anything online in Bitcoin. There are even stores that offer discounts in Bitcoin. Therefore, to say that only El Salvador accepts bitcoin is incorrect.