Quote from: savetheFORUM on Today at 06:11:11 PM

To rank it with economical power and governmental prowess doesn't really make sense to me. I mean think about it, we are not seeing El Saldavor, the nation that made it a legal tender. I am not saying that you should ignore all the names there, some nations there are definitely good and there is no denying that. But at the same time, we should realize that many names are missing as well.

I sincerely don’t understand why El Salvador should be added to the Most crypto-friendly economies ranking? Or maybe the Central African Republic? In El Salvador, almost no one is interested in bitcoin. Its real use comes down to admiration on the internet, in style: look how great it is that El Salvador has adopted bitcoin as a means of payment. And what is the result? What as a practical application?

Read real life surveys of Salvadorans on how they feel about Bitcoin adoption: https://www.nber.org/system/files/working_papers/w29968/w29968.pdf?utm_campaign=PANTHEON_STRIPPED&amp%3Butm_medium=PANTHEON_STRIPPED&amp%3Butm_source=PANTHEON_STRIPPED

And also read the article of a person who visited El Salvador as a tourist: https://www.bloomberg.com/features/2022-bitcoin-travel-problems/#xj4y7vzkg

Almost everywhere, he paid with a visa card and cash, not bitcoins, because few people even want to accept bitcoins as payment. Starting from taxi drivers, ending with catering establishments. With such volatility, I understand these simple people who are trying to earn a living. Why do they need this bitcoin, when today it costs one price, and tomorrow it will be 20-30% less. But just don’t tell these stories about the fact that bitcoin will sooner or later grow and even become worth more. Those who live on this money do not care how much bitcoin will cost in the future, they need it here and now. And when your money is depreciating before our eyes, faster than the American dollar, then who needs such a means of payment at all. Bitcoin is very poor as an everyday means of payment and cannot replace money with such volatility. Its properties as money are bad and far from ideal, so the inhabitants of El Salvador try to bypass such a means of payment and I understand them perfectly.

That is why El Salvador will not be in such ratings, because all of its adoption is only on paper, but in reality no one needs it. The Salvadorans do not see any practical benefit from this adoption.