Post
Topic
Board Bitcoin Discussion
Re: Why has bitcoin adoption failed in El Salvador?
by
jokers10
on 10/11/2022, 12:39:14 UTC
As long as the government is involved, it goes against the essence of the real Bitcoin - decentralization, and you don't need to think too much about other things. Without decentralized operations, there will be no Bitcoin. Where does success come from?

Bitcoin is decentralized by its nature. Government can only try to regulate its connections in outer world, but it has no real options of regulating it inside. I'm sure with further adoption of Bitcoin governments will try to regulate Bitcoin more and more again and again, but they have just limited options of doing so. So I have no worries about someone wants to use Bitcoin by own way, even through centralized decisions, Bitcoin itself will stay decentralized despite that. And as for nowadays El Salvadors decision even expands the frontiers of knowledge about Bitcoin for many people what is IMO good by itself.