we know to be the first country in the world to officially accept Bitcoin as legal tender. This was followed by the President of El Salvador, Nayib Bukele, who announced that the government would start buying 1 BTC per day on November 16 2022, but can other small countries follow in El Salvador's footsteps and what are the country's challenges in this regard? This might be a very interesting discussion to see that so many people from small countries are interested in cryptocurrency, more specifically Bitcoin
I even learnt of El Salvador citizens receiving some amounts of BTC from the government for them to use as at the first time they adopted it.
Also, Lugano signed a memorandum of understanding with El Salvador until it recently adopted cryptocurrency as part of its nations currency and for use for payment processing that includes tax payments.
In addition Brazil still uses cryptocurrency and even accept it when the citizens use it to pay their taxes too as well as they have centres where cryptocurrency can be bought and traded too.