Quote from: avikz on December 25, 2023, 07:24:49 PM

Well! Good for Bitcoin and for the long term investors like me!

For a country with approx. 600,000 population, it might bring in some sort of financial inclusion in their own society. But for me, it is a better news than an ETF approval for sure. Even though I completely understand that they will probably have a centralized wallet service provider similar to El-Salvador. But still it will bring in some volume and capital into Bitcoin.

Also it will greatly help skeptical people around the world to trust Bitcoin and possible make them intrigued about this tech.

Given the tiny size of the Suriname, there will be no real impact on the price even if they give it the green light. So price-wise, it will be nothing compared to the approval of spot ETFs.
I agree that news like that help legitimise Bitcoin further, but it's not like they're trying to make Bitcoin a legal tender (like El Salvador did) so I don't think any major news outlets will be reporting on it.

And yup, if they go for it, they'd likely use JAN3's centralised service, which should be way more convenient than storing private keys.

I didn't have a clue that's what Samson Mow does nowadays. It's pretty bold move to establish a company specifically pitching to nation-states and other entities.
More info: https://jan3.com/blog/jan3-launches-new-financial-division/