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Author Topic: another country moving towards crypto  (Read 4657 times)

Offline Baofeng

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Re: another country moving towards crypto
« Reply #75 on: December 19, 2024, 11:53:53 PM »
El Salvador amongst countries already adopted the use of Bitcoin and crypto currency within their country, US wants to put it into implementation after the inauguration of Donald Trump come January 2025. Iran has employed the strategy of endorsing crypto currency to be regulated and because of its potentials of having positive impact on the country's economy, rather than restrictions from usage.

There will be more countries that will do nothing else than to adapt to the new trend and adoption of Bitcoin usage. The US planning on making Bitcoin reserve was also taken into consideration by Russia, China etc. Who knows other countries that are also going to take this same step.

Bitcoin will get better, and the price will soar in the coming years, as Bitcoin and the entire crypto currency ecosystem will see a big move for the high demand of mass adoption and utilization.

Although there is a setback from the US as Powell says that they are not keen of having Bitcoin as as strategic reserves.

But their incoming President has different opinions and let's see how Trump will clash with Powell and the Feds.

As far as other countries, yes, Russia and China are making the same steps and now I'm seeing this as going to be like a race by this powerful nation to see who's going to acquire more Bitcoin as reserved. And I think they've already doing this for years, it's just magnified this year because of Trump announcement and winning the US election again.

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Re: another country moving towards crypto
« Reply #75 on: December 19, 2024, 11:53:53 PM »

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Offline nakmantu99

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Re: another country moving towards crypto
« Reply #76 on: December 20, 2024, 11:20:35 PM »
El Salvador amongst countries already adopted the use of Bitcoin and crypto currency within their country, US wants to put it into implementation after the inauguration of Donald Trump come January 2025. Iran has employed the strategy of endorsing crypto currency to be regulated and because of its potentials of having positive impact on the country's economy, rather than restrictions from usage.

There will be more countries that will do nothing else than to adapt to the new trend and adoption of Bitcoin usage. The US planning on making Bitcoin reserve was also taken into consideration by Russia, China etc. Who knows other countries that are also going to take this same step.

Bitcoin will get better, and the price will soar in the coming years, as Bitcoin and the entire crypto currency ecosystem will see a big move for the high demand of mass adoption and utilization.

Although there is a setback from the US as Powell says that they are not keen of having Bitcoin as as strategic reserves.

But their incoming President has different opinions and let's see how Trump will clash with Powell and the Feds.

As far as other countries, yes, Russia and China are making the same steps and now I'm seeing this as going to be like a race by this powerful nation to see who's going to acquire more Bitcoin as reserved. And I think they've already doing this for years, it's just magnified this year because of Trump announcement and winning the US election again.
It is likely that developed countries will buy bitcoin as a strategic reserve. because we know bitcoin has a good hedge.
I think trump as the US president-elect will have a good policy even though we previously heard that the government is not very supportive of crypto.

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Re: another country moving towards crypto
« Reply #76 on: December 20, 2024, 11:20:35 PM »

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Offline Cryptsafe

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Re: another country moving towards crypto
« Reply #77 on: December 21, 2024, 02:05:34 PM »
El Salvador amongst countries already adopted the use of Bitcoin and crypto currency within their country, US wants to put it into implementation after the inauguration of Donald Trump come January 2025. Iran has employed the strategy of endorsing crypto currency to be regulated and because of its potentials of having positive impact on the country's economy, rather than restrictions from usage.

There will be more countries that will do nothing else than to adapt to the new trend and adoption of Bitcoin usage. The US planning on making Bitcoin reserve was also taken into consideration by Russia, China etc. Who knows other countries that are also going to take this same step.

Bitcoin will get better, and the price will soar in the coming years, as Bitcoin and the entire crypto currency ecosystem will see a big move for the high demand of mass adoption and utilization.

Although there is a setback from the US as Powell says that they are not keen of having Bitcoin as as strategic reserves.

But their incoming President has different opinions and let's see how Trump will clash with Powell and the Feds.

As far as other countries, yes, Russia and China are making the same steps and now I'm seeing this as going to be like a race by this powerful nation to see who's going to acquire more Bitcoin as reserved. And I think they've already doing this for years, it's just magnified this year because of Trump announcement and winning the US election again.
It is likely that developed countries will buy bitcoin as a strategic reserve. because we know bitcoin has a good hedge.
I think trump as the US president-elect will have a good policy even though we previously heard that the government is not very supportive of crypto.

Already some countries already making ways by looking at policies that could help them effectively put bitcoin and crypto into use. El Salvador already has bitcoin as a national reserve and currently now they are on profit which the country is very much happy with their president with his  daring move. Not only that, the country also accept bitcoin as a legal tender for sales and purchase of goods and services which has seen their economy in a good shape.

As for the US and the rest of the other world powers, I know they are either buying secretly and  not wanting anyone to know about it so that they are not taken unawares by their counter part when it seems that all have taken their position. Ever since Trump began saying about the US being the head of crypto and bitcoin mining hub, other nations definitely know that he was going to win so they must have done the needful before now just waiting for the right time to talk about it.
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Offline MUGNIA

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Re: another country moving towards crypto
« Reply #78 on: December 21, 2024, 04:45:46 PM »
El Salvador amongst countries already adopted the use of Bitcoin and crypto currency within their country, US wants to put it into implementation after the inauguration of Donald Trump come January 2025. Iran has employed the strategy of endorsing crypto currency to be regulated and because of its potentials of having positive impact on the country's economy, rather than restrictions from usage.

There will be more countries that will do nothing else than to adapt to the new trend and adoption of Bitcoin usage. The US planning on making Bitcoin reserve was also taken into consideration by Russia, China etc. Who knows other countries that are also going to take this same step.

Bitcoin will get better, and the price will soar in the coming years, as Bitcoin and the entire crypto currency ecosystem will see a big move for the high demand of mass adoption and utilization.

Although there is a setback from the US as Powell says that they are not keen of having Bitcoin as as strategic reserves.

But their incoming President has different opinions and let's see how Trump will clash with Powell and the Feds.

As far as other countries, yes, Russia and China are making the same steps and now I'm seeing this as going to be like a race by this powerful nation to see who's going to acquire more Bitcoin as reserved. And I think they've already doing this for years, it's just magnified this year because of Trump announcement and winning the US election again.
It is likely that developed countries will buy bitcoin as a strategic reserve. because we know bitcoin has a good hedge.
I think trump as the US president-elect will have a good policy even though we previously heard that the government is not very supportive of crypto.

Already some countries already making ways by looking at policies that could help them effectively put bitcoin and crypto into use. El Salvador already has bitcoin as a national reserve and currently now they are on profit which the country is very much happy with their president with his  daring move. Not only that, the country also accept bitcoin as a legal tender for sales and purchase of goods and services which has seen their economy in a good shape.

As for the US and the rest of the other world powers, I know they are either buying secretly and  not wanting anyone to know about it so that they are not taken unawares by their counter part when it seems that all have taken their position. Ever since Trump began saying about the US being the head of crypto and bitcoin mining hub, other nations definitely know that he was going to win so they must have done the needful before now just waiting for the right time to talk about it.

too embarrassed if they say they have adopted it now, because previously they were against the existence of bitcoin and other crypto, why when bitcoin is in a bullrun session they call for pro bitcoin, and make bitcoin rise even higher, and that's where they have made many times the profit

Offline satpol_PP

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Re: another country moving towards crypto
« Reply #79 on: December 21, 2024, 05:13:05 PM »

Already some countries already making ways by looking at policies that could help them effectively put bitcoin and crypto into use. El Salvador already has bitcoin as a national reserve and currently now they are on profit which the country is very much happy with their president with his  daring move. Not only that, the country also accept bitcoin as a legal tender for sales and purchase of goods and services which has seen their economy in a good shape.

As for the US and the rest of the other world powers, I know they are either buying secretly and  not wanting anyone to know about it so that they are not taken unawares by their counter part when it seems that all have taken their position. Ever since Trump began saying about the US being the head of crypto and bitcoin mining hub, other nations definitely know that he was going to win so they must have done the needful before now just waiting for the right time to talk about it.
El Salvador has become a pioneer and of course now they have made a big profit because the price of bitcoin has skyrocketed. And I also think the same as you, it is possible that other countries' governments are also buying bitcoins secretly because they don't want to be left behind. Moreover, Trump announced that he would support bitcoin and make the US the center of bitcoin. It is possible that big countries like China and Russia also already have a lot of bitcoins in their wallets.

Offline Cryptsafe

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Re: another country moving towards crypto
« Reply #80 on: December 21, 2024, 10:10:51 PM »

Already some countries already making ways by looking at policies that could help them effectively put bitcoin and crypto into use. El Salvador already has bitcoin as a national reserve and currently now they are on profit which the country is very much happy with their president with his  daring move. Not only that, the country also accept bitcoin as a legal tender for sales and purchase of goods and services which has seen their economy in a good shape.

As for the US and the rest of the other world powers, I know they are either buying secretly and  not wanting anyone to know about it so that they are not taken unawares by their counter part when it seems that all have taken their position. Ever since Trump began saying about the US being the head of crypto and bitcoin mining hub, other nations definitely know that he was going to win so they must have done the needful before now just waiting for the right time to talk about it.
El Salvador has become a pioneer and of course now they have made a big profit because the price of bitcoin has skyrocketed. And I also think the same as you, it is possible that other countries' governments are also buying bitcoins secretly because they don't want to be left behind. Moreover, Trump announced that he would support bitcoin and make the US the center of bitcoin. It is possible that big countries like China and Russia also already have a lot of bitcoins in their wallets.

I have no doubt about that because so far, there have been lots of news of lately about whales buying bitcoin and removing them from the exchanges now my question is this, who are these whales buying and removing from exchanges? I believe the exchanges too have no idea who they are maybe they might just use a pseudo identity to do that or they tell exchange to handle discretely such information about their identity till they decide to say it themselves.  However, I would not be surprise tomorrow the world powers would come out publicly to telling the world that they own large volume of bitcoin in their possession and would not be intimidated by any counterpart.
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Re: another country moving towards crypto
« Reply #81 on: December 26, 2024, 04:19:03 PM »
El Salvador amongst countries already adopted the use of Bitcoin and crypto currency within their country, US wants to put it into implementation after the inauguration of Donald Trump come January 2025. Iran has employed the strategy of endorsing crypto currency to be regulated and because of its potentials of having positive impact on the country's economy, rather than restrictions from usage.

There will be more countries that will do nothing else than to adapt to the new trend and adoption of Bitcoin usage. The US planning on making Bitcoin reserve was also taken into consideration by Russia, China etc. Who knows other countries that are also going to take this same step.

Bitcoin will get better, and the price will soar in the coming years, as Bitcoin and the entire crypto currency ecosystem will see a big move for the high demand of mass adoption and utilization.

Although there is a setback from the US as Powell says that they are not keen of having Bitcoin as as strategic reserves.

But their incoming President has different opinions and let's see how Trump will clash with Powell and the Feds.

As far as other countries, yes, Russia and China are making the same steps and now I'm seeing this as going to be like a race by this powerful nation to see who's going to acquire more Bitcoin as reserved. And I think they've already doing this for years, it's just magnified this year because of Trump announcement and winning the US election again.

Well, the clash between Powell and Trump will only linger till the inauguration day of President Donald Trump into seat. Russia and China secretly must have been buying Bitcoin into reserve before now, Trump making or bringing this idea public, could spike the rate of more demands by these top countries.

Trump as one who has seen tremendous spark in the crypto industry is seeing some good edge at which Bitcoin could play for the betterment of the country's financial economic system. The world is advancing in everything and Bitcoin I'm sure is on a revolutionary movement to the financial institutions world wide.
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Re: another country moving towards crypto
« Reply #81 on: December 26, 2024, 04:19:03 PM »


Offline doc

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Re: another country moving towards crypto
« Reply #82 on: December 26, 2024, 10:42:42 PM »

I have no doubt about that because so far, there have been lots of news of lately about whales buying bitcoin and removing them from the exchanges now my question is this, who are these whales buying and removing from exchanges? I believe the exchanges too have no idea who they are maybe they might just use a pseudo identity to do that or they tell exchange to handle discretely such information about their identity till they decide to say it themselves.  However, I would not be surprise tomorrow the world powers would come out publicly to telling the world that they own large volume of bitcoin in their possession and would not be intimidated by any counterpart.
It is likely that this will happen, big investors will hold bitcoin and altcoins and currently we never know who the whales are because in the crypto world everything seems semi-anonymous and exchanges also hide their identities unless there is a request from a legal institution for a problem. And it could be that the brand uses a fake identity.

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Re: another country moving towards crypto
« Reply #83 on: December 26, 2024, 10:49:29 PM »

I have no doubt about that because so far, there have been lots of news of lately about whales buying bitcoin and removing them from the exchanges now my question is this, who are these whales buying and removing from exchanges? I believe the exchanges too have no idea who they are maybe they might just use a pseudo identity to do that or they tell exchange to handle discretely such information about their identity till they decide to say it themselves.  However, I would not be surprise tomorrow the world powers would come out publicly to telling the world that they own large volume of bitcoin in their possession and would not be intimidated by any counterpart.
It is likely that this will happen, big investors will hold bitcoin and altcoins and currently we never know who the whales are because in the crypto world everything seems semi-anonymous and exchanges also hide their identities unless there is a request from a legal institution for a problem. And it could be that the brand uses a fake identity.

Possibly they might be using a fake identity because in this crypto industry, nobody wants their identity to be public and they could go to any extent to make sure their identity is concealed. This is why in most cases, most of the big buy we hear and see we do not know who the buyers are except for those who publicly come out to say it for people to know, and in most cases, they just use their announcement to manipulate the market to their advantage.
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Offline satpol_PP

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Re: another country moving towards crypto
« Reply #84 on: December 27, 2024, 11:28:08 PM »

I have no doubt about that because so far, there have been lots of news of lately about whales buying bitcoin and removing them from the exchanges now my question is this, who are these whales buying and removing from exchanges? I believe the exchanges too have no idea who they are maybe they might just use a pseudo identity to do that or they tell exchange to handle discretely such information about their identity till they decide to say it themselves.  However, I would not be surprise tomorrow the world powers would come out publicly to telling the world that they own large volume of bitcoin in their possession and would not be intimidated by any counterpart.
It is likely that this will happen, big investors will hold bitcoin and altcoins and currently we never know who the whales are because in the crypto world everything seems semi-anonymous and exchanges also hide their identities unless there is a request from a legal institution for a problem. And it could be that the brand uses a fake identity.

Possibly they might be using a fake identity because in this crypto industry, nobody wants their identity to be public and they could go to any extent to make sure their identity is concealed. This is why in most cases, most of the big buy we hear and see we do not know who the buyers are except for those who publicly come out to say it for people to know, and in most cases, they just use their announcement to manipulate the market to their advantage.
That is the advantage of us investing in crypto, our identity is not known to others if we do it on a global exchange. However, many use fake identities, big investors are also worried about being targeted by taxes, so they use fake identities so that they are not detected.
for me as a small investor, using a real identity because no one is targeting me :D

Offline enwi

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Re: another country moving towards crypto
« Reply #85 on: December 28, 2024, 06:46:31 PM »

I have no doubt about that because so far, there have been lots of news of lately about whales buying bitcoin and removing them from the exchanges now my question is this, who are these whales buying and removing from exchanges? I believe the exchanges too have no idea who they are maybe they might just use a pseudo identity to do that or they tell exchange to handle discretely such information about their identity till they decide to say it themselves.  However, I would not be surprise tomorrow the world powers would come out publicly to telling the world that they own large volume of bitcoin in their possession and would not be intimidated by any counterpart.
It is likely that this will happen, big investors will hold bitcoin and altcoins and currently we never know who the whales are because in the crypto world everything seems semi-anonymous and exchanges also hide their identities unless there is a request from a legal institution for a problem. And it could be that the brand uses a fake identity.

Possibly they might be using a fake identity because in this crypto industry, nobody wants their identity to be public and they could go to any extent to make sure their identity is concealed. This is why in most cases, most of the big buy we hear and see we do not know who the buyers are except for those who publicly come out to say it for people to know, and in most cases, they just use their announcement to manipulate the market to their advantage.
That is the advantage of us investing in crypto, our identity is not known to others if we do it on a global exchange. However, many use fake identities, big investors are also worried about being targeted by taxes, so they use fake identities so that they are not detected.
for me as a small investor, using a real identity because no one is targeting me :D
In investing, trust is one of them that can be created through the manner in which one relates to the existing structure. If we decide to use our real identity it is a step that shows a commitment to an identity in transactions. It would still not be true despite the fact that there are individuals who decide to act another way for some reasons, we still can keep on investing there in a manner that corresponds to our beliefs. This choice also gives a feeling of protection for ourselves but it also has a social positive connotation due to a better organisation of the environment. With these steps it is possible to prove that maximum possible transparency of actions will not harm privacy of individuals, so all the sides will be able to enjoy the results of the development of the investment world in general.

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Re: another country moving towards crypto
« Reply #86 on: December 28, 2024, 08:28:01 PM »
Iran is shifting its stance on digital currencies, focusing on regulation rather than imposing restrictions, according to Minister Abdolnaser Hemmati. Speaking at a Tehran event, Hemmati highlighted the government’s plan to mitigate the economic risks of digital currencies while leveraging their potential benefits. He emphasized the Central Bank of Iran’s authority in managing digital assets and underscored their potential to foster youth employment, boost economic assets, and counteract sanctions. The initiative reflects Iran’s aim to align with global financial trends and capitalize on the advantages of cryptocurrency innovation.

yet another country moving towards regulation of crypto instead of preventing any kind of use of it this is additional good news following bitcoin reaching $100k and i am sure many countries are now interested in crypto and would be reevaluating their stance they also most likely would not want to be left behind with usa looking really strong and determined to be a crypto friendly country
I think with time a lot of countries who was against cryptocurrency or still skeptical about it is having a rethink because of the prospect and the benefits it can bring to the economy of such countries so they are looking at cryptocurrency from a more businesses point of view because the fact is that cryptocurrency has come to stay and any country who is against it is doing so at her risk as the world is moving to a different economic phase so countries has to benefits from the crypto market instead of total band on it well congratulations to Iran as they join the league of nations that has adopted cryptocurrency

Online SmartGold01

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Re: another country moving towards crypto
« Reply #87 on: January 08, 2025, 02:52:31 PM »
I think with time a lot of countries who was against cryptocurrency or still skeptical about it is having a rethink because of the prospect and the benefits it can bring to the economy of such countries so they are looking at cryptocurrency from a more businesses point of view because the fact is that cryptocurrency has come to stay and any country who is against it is doing so at her risk as the world is moving to a different economic phase so countries has to benefits from the crypto market instead of total band on it well congratulations to Iran as they join the league of nations that has adopted cryptocurrency
To me you wouldn't blame any country that are yet to delved into bitcoin and cryptocurrency at large because they aren't having the right scope towards bitcoin progress and developments, they can be hearing the negative aspect of bitcoin but have never ventured into the market to see what its looks like. I believe today, many of them has seen how things are gradually changing and people are now talking about the cryptocurrencies.

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Re: another country moving towards crypto
« Reply #88 on: January 08, 2025, 03:53:51 PM »
I think with time a lot of countries who was against cryptocurrency or still skeptical about it is having a rethink because of the prospect and the benefits it can bring to the economy of such countries so they are looking at cryptocurrency from a more businesses point of view because the fact is that cryptocurrency has come to stay and any country who is against it is doing so at her risk as the world is moving to a different economic phase so countries has to benefits from the crypto market instead of total band on it well congratulations to Iran as they join the league of nations that has adopted cryptocurrency
To me you wouldn't blame any country that are yet to delved into bitcoin and cryptocurrency at large because they aren't having the right scope towards bitcoin progress and developments, they can be hearing the negative aspect of bitcoin but have never ventured into the market to see what its looks like. I believe today, many of them has seen how things are gradually changing and people are now talking about the cryptocurrencies.

Especially in small poor countries where news available to the people are only local news. I hardly hear news about Bitcoin in my country most of the news about it are negative.

And so crypto becomes very unattractive to locals but investors who subscribed to channels on cable hears the international news about BTC. They be ahead of the information and most probably stack up BTC before the adoption in the country.

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Re: another country moving towards crypto
« Reply #89 on: January 11, 2025, 11:53:17 PM »
I think with time a lot of countries who was against cryptocurrency or still skeptical about it is having a rethink because of the prospect and the benefits it can bring to the economy of such countries so they are looking at cryptocurrency from a more businesses point of view because the fact is that cryptocurrency has come to stay and any country who is against it is doing so at her risk as the world is moving to a different economic phase so countries has to benefits from the crypto market instead of total band on it well congratulations to Iran as they join the league of nations that has adopted cryptocurrency
To me you wouldn't blame any country that are yet to delved into bitcoin and cryptocurrency at large because they aren't having the right scope towards bitcoin progress and developments, they can be hearing the negative aspect of bitcoin but have never ventured into the market to see what its looks like. I believe today, many of them has seen how things are gradually changing and people are now talking about the cryptocurrencies.

Especially in small poor countries where news available to the people are only local news. I hardly hear news about Bitcoin in my country most of the news about it are negative.

And so crypto becomes very unattractive to locals but investors who subscribed to channels on cable hears the international news about BTC. They be ahead of the information and most probably stack up BTC before the adoption in the country.
Maybe in small and poor countries, citizens do not hear about crypt, especially if the internet connection does not reach remote areas of the country.
While in other countries, they already know and bitcpon is very popular. This should be a consideration for the government to think about its citizens.

 

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