Quote from: shield132 on May 07, 2025, 08:59:43 PM

Don't they understand that it's not a smart choice? If the EU bans Bitcoin or doesn't become Bitcoin-friendly, then other countries will attract investors and workforce from the EU. Myhe country is a good example of that. Binance, Tether and other companies put lots of money in crypto projects because my country is very crypto-friendly and tax rates for similar businesses are very low, they have the option to hire local people in a way that they'll pay 1% tax on their salary, it gives business the possibility to offer competitive net salary.
Bitcoin is the innovation of the 21st century. If rich countries let it go, then some poor countries like mine will use that opportunity. I don't understand why they make such mistakes over and over again.

I don't think the EU will ban bitcoin but if they do, I don't think it will make them backward and poorer than countries that are open to bitcoin/crypto.

Each country's economy will function differently and they will evaluate the impact of bitcoin (pros and cons) on their economy and make decisions accordingly. Bitcoin is an initiative but that initiative needs to fit in with the country's economy, if it doesn't fit then there is no need to adopt it or it can wait for a more appropriate time. Like China, they don't need bitcoin for years but they are still the 2nd largest economy in the world. Meanwhile, countries that have adopted bitcoin like El Salvador still cannot escape poverty...What I mean is, a country's economic future is determined by many factors, it is not determined by bitcoin or any single factor.