Post
Topic
Board Bitcoin Discussion
Re: Bitcoin becoming Legal tender
by
legiteum
on 15/03/2024, 18:33:08 UTC
     Is there any other country besides El Salvador that has made Bitcoin legal tender? All I know is that there are countries that recognize bitcoin in their countries, but not to the point that El Salvador did. I hope there are countries that follow or imitate what El Salvador did to make it a legal tender in every country.

    Although I know that it is very unlikely for this to happen in the future, That's why, in my opinion, it's so good to think that all countries will accept Bitcoin and cryptocurrencies.

El Salvador's experiment has been a disaster and hardly anybody there has adopted Bitcoin as a daily form of payment there even though the government basically paid citizens to do so.

It doesn't require a government to shove Bitcoin down people's throats in order for it to be legal to hold or trade. Bitcoin is perfectly legal almost everywhere.