Post
Topic
Board Bitcoin Discussion
Re: Bitcoin becoming Legal tender
by
Belarge
on 15/03/2024, 23:22:50 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.
Our opinions doesn't matter in the system. Bitcoin and other cryptocurrency have come to stay, it's been really tough time in the system. Countries do acknowledge bitcoin but definitely not to the extent of authorizing bitcoin to be a legal tender in the space. These countries have made thorough research and they're not comfortable with the high volatility of bitcoin. Legal tenders ought to be stable and easy going and not fluctuating as if it's some kind of random altcoin. El Salvador was the only country to take a bold step when it involves in bitcoin.