Quote from: CroverNo01 on March 04, 2025, 09:25:19 PM

Quote from: Y3shot on March 01, 2025, 01:46:47 PM

Bitcoin is ledger tender in El Salvador and I'm sure some realtor do accept it for payment of Real Estate, this might not be very common but since El Salvador accepted Bitcoin as a ledger tender I know it will attract more investors to have interest for bitcoin. Crypto in general not being accepted for payment is because it is still gaining more recognition.
I don't think any realtor will be comfortable to accept altcoins as payment because of the volatility of altcoins.

Crypto have been generally recognized in parts of these European countries and also Africa. Investors that have early access to crypto are actually the ones reaping heavy profits from the financial market, they understand and know how to cope with the seasonal changes in the market.

Bitcoin is popular and is now classified as legal tender in El Salvador, the government have seen the bright future in crypto and will continue to push for more engagement in the market. Do you know what it means for El Salvador government to heavily participate in the financial market to the extent of making Bitcoin as legal tender? They've open their hands to developmental changes and prominence.

The implementation of the new technologies in a countries financial systems is an indication that is willing to address the change. While the use of digital assets is taking grounds in various parts of the world, there are bound to be more chances of borderless trade for people. In one way or another, it can be said that whenever a country accepts large-scale a non-conventional payment method involved, it will be considered that it is having confidence in the development of an economy based on technology. This change also applies also to the global financial system positively in a way that various parties see potential that has not been tapped into well. This shows that the world is gradually opening itself to innovation by embracing such a bold move.