Quote from: JayJuanGee on Today at 07:55:23 PM

Quote from: Just Common on Today at 07:08:08 PM

Quote from: Nothingtodo on Today at 04:26:25 PM

We live in a country where 90% of school and college students don't even know what Bitcoin is, yet secondary and high school students in El Salvador are sitting in the classroom setting up mining tools. Students in El Salvador are taught about Bitcoin and even given practical classes on how to mine Bitcoin, even though our country has so far imposed strict restrictions on Bitcoin.

See the students set-up video:
https://x.com/BitcoinNewsCom/status/1936137412826050743?t=jKdkA7ps2NnL-c657Llo2Q&s=09

I agree with Nothingtodo. Because there are many people in our country who do not know. What is Bitcoin? How to use it. What are its future plans? Again, some countries have declared Bitcoin illegal. One of those countries is some countries in the Asian continent, some countries in the African continent. Again, there are some countries in Europe that have identified Bitcoin as a digital currency. Again, there are some countries like El Salvador. Who see Bitcoin as the key to the future.

Some countries can really end up screwing over their citizens more than others, while frequently claiming that they are protecting the citizens within such process of screwing them over.

Each of us has to figure out our own best interests within such context, including in the context in which the reglatory environment of our location might have varying levels of friendliness (or unfriendliness). Many folks who were active in bitcoin in 2016 and 2017 may well have had realized that a lot of Chinese citizen's were screwed out of the 2017 price run up, including that many Chinese located exchanges had to shut down their operations and even lock client funds during a process in which Chinese legislators were trying to figure out how the funds of such citizens were going to be treated. Sure some of them may have been able to resolve their situation, and maybe some of the richer ones may have also engaged in some kind of "offer to pay higher fees" in order to have their bitcoin released to them instead of going through what was described formally as some kind of a KYC process (sometimes referred to as shotgun KYC - which largely is a surprise KYC that is imposed in order to unlock funds)..

Countries where Bitcoin is still illegal should follow El Salvador. El Salvador buys Bitcoin every day, they are constantly busy accumulating Bitcoin. El Salvador has declared Bitcoin as their local currency. El Salvador is moving towards success in the future, countries that still keep Bitcoin illegal will be left behind in the future. This week El Salvador bought 8 Bitcoins, which brings their total Bitcoin holdings to 6215.