Post
Topic
Board Bitcoin Discussion
Re: What do you think will happen once Hong Kong legalizes bitcoin?
by
Rruchi man
on 23/02/2023, 17:55:21 UTC
Some of you probably saw the news that bitcoin will be fully legal to its citizens in June. What do you guys think will happen to Bitcoin?
Hong kong is a important country when trade is mentioned in the world, many importers and exporters worldwide have Hong kong as a strategic place where they can store some goods before they are resent to another location. If Hong Kong legalizes bitcoin, many of these businesses and companies will seek to explore and possibly adopt bitcoins as a medium for payment. For companies and businesses that record success with this new option for payment, they will want to extend it to other countries and location where they have branches and bitcoin is legal or there is no law prohibiting bitcoin use.