Post
Topic
Board Bitcoin Discussion
Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻
by
Nothingtodo
on 22/05/2025, 19:37:16 UTC
This felt like a big moment when it happened years ago, I feel like at some point in the near future most countries will have Bitcoin as their main currency.
Most countries will hold Bitcoin as their strategic reserve where they may consider Bitcoin as a bank liquidity alternative to gold but I don't think most countries will prioritize Bitcoin as their main currency. Although Bitcoin is recognized as legal tender in El Salvador, it is not their primary currency. This means that if Bitcoin is held in strategic reserves, the primary currency is the United States dollar.