Post
Topic
Board Bitcoin Discussion
Re: Singapore is the second country to follow in El Salvador's footsteps, do you agr
by
YOSHIE
on 24/08/2022, 13:31:55 UTC
Singapore is also a country that has a huge income for every native and immigrant, allowing bitcoin to grow rapidly there, and it is possible to achieve status as a Bitcoin hub and become bigger like El Salvador.
I understand that Singaporeans have a strong belief and awareness of Bitcoin as a crypto currency in the form of investment, Singapore is ranked 63rd, especially the Asian part, Singaporeans' understanding of Bitcoin is different from El Salvador's, there are three categories of Singaporeans who think of Bitcoin as.
1. Investment assets.
2. store of value and
3. There are those who consider Bitcoin as currency.

Talking about adoption, l can say that the average Singaporean, probably almost all of them have bitcoin HODL Bitcoin, the majority are men and the rest are women, for that I believe Singapore can be better than El Salvador in adopting Bitcoin or considering it as a payment asset, in the future.