Post
Topic
Board Bitcoin Discussion
Re: What your ideas about bitcoin adoption in the future?
by
Vaculin
on 24/08/2022, 21:30:10 UTC
Here in my country bitcoin is not a legal tender, but I know that some of you may have used it as a means of payment for goods or services. As for new ideas, I think of a few but the fact doesn't directly allow me to legally adopt them as doing so would be against the law. How about you, do you have any good ideas for future bitcoin adoption?

Bitcoin doesn't have to be legalized in your country to own Bitcoin, and that's why we have the peer2peer market where people living in an area where Bitcoin is prohibited could easily connect with each other to exchange Bitcoin for Fiat money. All you have to do is look for a exchange which supports your country, of which "Binance" and "LocalBitcoin" are my recommendable exchange that supports most countries but don't know for yours. Because just like Nigeria whose government is against Bitcoin and yet Nigeria happens to be the top list in terms of Bitcoin trading volume all around the world. Because all that could only be made possible through the use of the peer2peer market.
Bitcoin is not also widely adopted in my own country but our government do not also put strict prohibition on it. So the people here still manage to do safe transactions with bitcoin because we have local exchanges that accept bitcoin. For now, bitcoin is just as good as more of an investment, but you can also use bitcoin in buying goods and services but in only selected stores as bitcoin is still not totally legalized in my country.