Quote from: Bitcoin_people on August 11, 2023, 03:50:05 AM

Quote from: RewFrew on June 12, 2023, 07:31:40 PM

Quote from: Eden Loomis on September 06, 2022, 07:45:15 AM

Hello you guys,
Until now, there is no country officially accepted crypto for trading or purchase as I know. Can you explain why?
Moreover, do you think that which country could be the first?

Now various countries accepting Bitcoin, so there Crypto trading is legal there. As a first country L Salvador now according Bitcoin Officially. Bitcoin is legal there. So trading and transaction are legal there. Moreover USA, Canada, Germany, France and many European country’s are accepting crypto, So Bitcoin is legal there. I think crypto trading will accepted worldwide gradually. India, Bangladesh and some country are checking it's Good side and bad side. If they no found any negative Impact that's country will accept crypto.

Where major countries of the world are accepting Bitcoin and they are benefiting from trading in it. Of course in the countries you mentioned various transactions are done by bitcoin and many product purchases are paid in bitcoin. And in the countries where Bitcoin is legal, crypto trading is also happening and it has spread to different countries of the world. Speaking of El Salvador, they were the first country to officially legalize Bitcoin. And this Bitcoin has become most popular in El Salvador where everything from small to large accepts Bitcoin transactions and payments. Bitcoin is treated like their big currency and there are no free transactions. Therefore, the way this Bitcoin and trading is spreading around the world, it can be expected that at some point every country will accept the legality of Bitcoin.

There is no doubt that Bitcoin is the best digital currency of all time. Since Bitcoin is a digital currency at best, Bitcoin services are preferred for everything be it trading investments. You have given the best example here. The example you gave about El Salvador goes very well with this topic. El Salvador is the first country to adopt Bitcoin as legal tender and they are using Bitcoin in all economic activities of their country (internally). Just like every country has a local currency, El Salvador has the opportunity to use Bitcoin as a local currency. There are many more such Bitcoin-centric examples. In my opinion the best choice for trading would be Bitcoin.