Post
Topic
Board Altcoin Discussion
Re: Zimbabwe minister urges citizens to embrace Bitcoin
by
lepbagong
on 04/10/2021, 02:46:28 UTC
Indeed It should have been so for poor and developing countries to move forward, once elsavador took bitcoin It's likely to come into effect in more countries who want to move away from the old economic system so that they can take advantage of the situation, Bitcoin will save them and make them prosper.
it takes time for the people to adjust even though the government has made it easy, because it is not easy for all people in developing countries to be able to adapt to the recognized development of bitcoin, because many adjustments must be made from manual to digital exchanges.

but it is clear that in the future there will be very much benefit, for the country of elsavador by being willing to accept bitcoin as a recognized medium of exchange. what is clear is that the movement of transactions will be easier and faster and there will be costs that can be saved compared to manual.

although the effect will take time because it is clear that all citizens still have to adjust first and will still continue to use conventional methods, it still takes time and is not instant, but this is something that is very much appreciated that elsavador has dared to start.

On the other hand, Bitcoin will also make them fall if they do not understand how to manage it properly and neglect to maintain it, because every new system that will be implemented in a country, there are old things that must be changed by the government such as regulations and laws in that country.
always every change then the first is that the leadership and staff want to try to convince the people first. rules are made so that there is no abuse that might be done by people who already understand and know about bitcoin.

the government must always educate by continuing to provide information that ensures that with bitcoin it will be easier and actually profitable in every transaction made. if you can trade manually, keep going and together first so that there can be adjustments.