Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: codehash on January 23, 2022, 12:12:45 AM
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There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022.
The report reaches the conclusion that a combo of developing nations copying El Salvador’s orange-pilled example and a “friendlier stance” towards the crypto industry means that “Nations can no longer afford to ignore the growing push towards crypto by the public.”
https://cointelegraph.com/news/nations-to-adopt-bitcoin-crypto-users-to-reach-1b-by-2023-report
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States can legalize the circulation of bitcoin. It is very important that there are acceptable conditions for its circulation and an infrastructure is created for its use as a means of payment. But at the same time, they will try to tighten both the conditions for his walking and tax collections. It is also not yet clear how a possible ban on mining cryptocurrencies with an energy-intensive PoW algorithm, which is likely to be introduced by states, will affect bitcoin.
The number of cryptocurrency users will certainly grow and one billion is just the beginning. But cryptocurrency is not just bitcoin. Altcoins are now showing better results, and this, apparently, Bitcoin will have to put up with.