Quote from: Rufsilf on Today at 10:32:18 PM

Quote from: Jaksjol675 on Today at 09:32:07 PM

Interest in crypto among Turks, like the rest of the world, has increased over the years. But Turkey’s economic crisis has pushed millions of curious observers to actually sink their savings into Bitcoin, Ethereum and other coins. The new converts aren’t simply drawn to the investment promise of cryptocurrencies, which are prone to wild, volatile price swings. They see virtual currencies as a potential store of value to shield their savings as the lira is roiled by routs that saw the Turkish currency lose more than 40 percent of its value last year alone.

Year after year, Bitcoin and cryptocurrency become the hottest topic attracting businessmen in all countries to adopt this and accept it as a mode of payment. For what happened to Turkey, this is also how it looks like in other countries. It was to see the interest across the world about crypto is wildly increasing as people had seen that they can make money from this and even a jobless person can do. In fact, during the covid-19 crisis, we see a huge incline of crypto investors.

The huge money involvement in cryptocurrency what makes it a hot topic and also the participation of big institutions are also one addition why there are so many people get curious to know more about it. And if Turkey will decide to make it as their legal tender then maybe this is also one deciding factor for other country to make this action to.