Quote from: YOSHIE on August 24, 2022, 01:31:55 PM

1. Investment assets.

Developed countries like Singapore have a different understanding of Investment Assets, they are more likely to put money in something that can generate profits. For example, buying bitcoin, as the discussion we are discussing

Quote from: YOSHIE on August 24, 2022, 01:31:55 PM

2. store of value and

Fiat currency is considered to have failed as a store of value, because it has a much greater intrinsic, bitcoin has utility as a store, that's why bitcoin deserves to be kept in its form.

Quote from: YOSHIE on August 24, 2022, 01:31:55 PM

3. There are those who consider Bitcoin as currency.

Bitcoin as a currency, because it is very possible to be applied in buying and selling, both goods and services, the characteristics of bitcoin itself have a value that can be exchanged, so it is quite possible for bitcoin to be legal in application, this movement has been initiated by El Salvador.
The switch to payment instruments can be done as long as people's understanding has developed, accommodates what needs to be improved and provides security guarantees in the use of bitcoin.

Quote from: YOSHIE on August 24, 2022, 01:31:55 PM

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.

On this basis I think Singapore will be much better off in terms of adoption and legalization of bitcoin as a legal transaction tool. Although in fact today, they are not yet fully implemented, but if you look further, this is very likely to happen