Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Ryu_Ar1
on 10/10/2023, 20:08:19 UTC
The question now is upon every attack that the government has made, other institutions and also the general public concerning bitcoin, what have these got to do with the globalization of bitcoin acceptability, everyone trying to start bitcoin ended up stopping theirselves because bitcoin cannot be intimidated by any political power or people, this is why El-Savador keep standing strong because they are independently on their own
This will affect although not directly when the government still legalises this but with some of the things that the government is doing to bring down bitcoin with propaganda made clear this affects the acceptance of bitcoin globally.
We must realise that the government has all the resources to make bitcoin look bad with some of the news they make and this is actually quite successful for countries that consider bitcoin still something taboo where when ordinary people who do not know anything about bitcoin are treated to negative news about bitcoin then surely they will see it more as a negative form and consider bitcoin bad.
Even though having bitcoin and adopting bitcoin is your own will, when we reflect on ordinary people who are treated to bad news about bitcoin, I think it will have an impact on bitcoin adoption even though the government does not prohibit bitcoin to be adopted by its citizens.