Quote from: AbuBhakar on Today at 05:44:39 AM

El Salvador definitely fully embraced Bitcoin to the point that there leader invest there country money on it.

They don't really have anything in common when it comes to bitcoin adoption, especially when their government doesn't invest some of the country's money in bitcoin, but Singapore's resources are very likely.
Maybe just a matter of time?

Quote from: masterrex on Today at 06:01:45 AM

was not surprised if Singapore has been adopting Bitcoin as a form of payment in their country because Bitcoin and cryptocurrencies are fruits of technological innovation.

Technology strongly supports the development of bitcoin in a better direction, currently the largest income in Singapore is through the industrial sector, where many foreign companies are growing and developing there, it is not impossible that industries related to crypto and bitcoin development will dominate the country, because there guarantees, regulations and taxes are much easier compared to other countries.

Quote from: Oshosondy on Today at 06:24:39 AM

El Salvador made bitcoin a legal tender, Singapore has not made bitcoin a legal tender, the second country that makes bitcoin a legal tender is Central African Republic.

At least they are starting to talk about legal payments using bitcoin, although it has not been fully implemented in the country's journey, when viewed from the readiness to face technology, the opportunities for Singapore are much easier and faster

Quote from: Oshosondy on Today at 06:24:39 AM

There are many crypto friendly countries that do not make bitcoin a legal tender, but still accepting it as a means of payment and for investment.

Accepting is definitely starting to open up, with some considerations that cannot be implemented in the near future. Such a developed country does not rule out the possibility to change the previous income pattern by implementing a new system, so that the country becomes stronger in terms of economy, industry and technology.

Quote from: Poker Player on Today at 06:35:21 AM

The country is crypto-friendly but now, as a result of the Terra Luna and other catastrophes, plans new regulations to prevent such things from happening again:

On the basis of the previous chaos caused by Terra Luna and other disasters, Singapore began to make new rules on this issue.

Quote from: Poker Player on Today at 06:35:21 AM

But no, they do not consider Bitcoin a legal tender.

Of course bitcoin is not yet considered a legal payment, but interestingly Singapore is starting to talk about this seriously, meaning they are starting to see the great potential in bitcoin, by accommodating all their needs.
Technology and Industry will be able to collaborate simultaneously, so that the State's income can increase and become stronger.

My personal analysis is that, by following the current development of Singapore, this may not be correct.

Quote from: bittraffic on Today at 06:40:42 AM

El Salvador invests their government funds in BTC that's a big difference from what Singapore is doing. But like Singapore, El Salvador is turning the country into a tourist destination due to the Bitcoin adoption or it could just be hyped by Max Kaiser since he and his wife move to El Salvador to show support.

The government offers the BTC companies tax incentives and citizenship afaik. They really floored the adoption level in the country.

El Salvador has clearly accepted bitcoin in its entirety in his country, even offerings related to taxes and citizenship are a company dream.
The question is whether everyone who works in the company will be granted citizenship, or only a few people?
Because as I know, it's difficult to get citizenship, because every country has its own rules governing the matter, or this rule doesn't apply to El Salvador, Please correct me if I'm wrong