Post
Topic
Board Bitcoin Discussion
Re: Can we make Bitcoin accepted world wide?
by
lizarder
on 07/07/2025, 15:04:15 UTC
We can also engage with the government by encouraging fair support regulations and also promote Bitcoins role in financial inclusion. Another point is that we can support local adoption by maybe helping businesses and communities accept Bitcoin and use it for donations and aid in underserved regions. Let's pay attention to this final point. Maybe some countries are still kinda scared that why we need to educate more and ensure security and trust, promoting safe practices, proof of reserves and the customer protection.
In terms of adoption, it may be possible because everyone can provide an understanding of bitcoin to anyone and now the adoption that is happening is indeed increasingly widespread. But if you want to encourage the government to accept bitcoin as a legitimate means of transaction, it is difficult because each country has a legal fiat currency. I have also made donations for natural disasters before but not directly using bitcoin because I am aware that bitcoin is not allowed for transactions in my country.

Countries do not allow bitcoin as a legitimate transaction using bitcoin not for security reasons but this process can make fiat currencies start to lose control. Bitcoin has been accepted by most countries today so it is irrelevant when we talk about adoption because now what is happening is that adoption is getting more widespread. For some governments have standard rules regarding legitimate transactions using bitcoin, but almost most countries are starting to provide space for the investment process in bitcoin.