Post
Topic
Board Bitcoin Discussion
Re: Fall of fiat|Rise of Bitcoin
by
DapanasFruit
on 26/12/2021, 07:14:18 UTC
Cointelegraph is garbage, don't use it as your source for news. Here's a better report. Turkey is not adopting Bitcoin like El Salvador did, it's not even close. They actually already banned its use as a currency, and the upcoming law just increases regulations to prevent exit scams by large exchanges like the one that happened recently, at least according to the lawmakers. Also, your stupid Cointelegraph said that Turkish Lira has dropped in value recently, but in fact it made a huge comeback as it went from $0.06 to $0.094

Thanks for correcting the original post here. In most cases, a government that is inclined to be authoritative will never easily cede its power to Bitcoin and that is why am a little bit - and supposedly happy - that Turkey is adopting cryptocurrency. But to my dismay, this is just another fake news. anyway, am sad for the people of Turkey because I understand that is actually a country that is making good in its economy years back but is now facing many challenges...may 2022 be bringing more stability to its economy and be bringing more wisdom to people manning the government.