another country moving towards crypto

[Cryptsafe]

At least, if we can begin to have the most religious countries coming to the light of understanding the impact of crypto and are eager and ready to allow their citizen freely uses these digital currency, then things would have been more better for them and the citizens as well, because everyone would have the privilege of controlling their asset in a decentralized form without the influence of the central authorities.

You are making a point here as I have noticed that in the past, religious sentiment some how affects the adoption of crypto as you have said. I did some findings and I saw that some countries actually called bitcoin and crypto  all sorts of names referring it to things not making any sense or correlating with the main purpose for which it was invented. However, bitcoin has proven to be a reliable and sustainable aspect of investment and store of value and currently, the adoption rate is growing globally coupled with the fact that an incoming crypto friendly president would be sworn or inaugurated few weeks from now as the president of the United States which would be  good and a perfect timing for it.

We also see that Trump is very supportive of crypto, this is quite good for the future development of crypto in the US which will affect other countries.

Yes Trump has always been supportive of crypto from the onset before his campaign or so. He has demonstrated that in actions which we all have seen and in the know but the truth is that politicians would always remain politicians and can not be trusted with their campaign promises. Let us watch as things goes after his inauguration as the crypto community are eagerly waiting for him to fulfill his promises as they have voted for him massively.

[gunhell16]

^  El Salvador president also meet up with Melei the Argentinian president who is also known BTC holder. I think Argentina will sure be buying BTC as well when US start their BTC Reserves.

I heard in the news about them becoming close ally. It will trigger countries to start piling up their holdings when power houses like China and Russia also begin buying for their BTC reserves. All it needs is their regulations to be fixed.

This is just what we need to take effect, once this is achieved, the price trigger would be activated and bitcoin would become much of a scarce commodity making it more in demand and do not forget that the more the demand the possible increase in price of the commodity as it would be a scarce good. If these world powers decides to keep bitcoin as national reserves, what is left for the other nations to follow suits too. I think the bitcoin revolution has just started.

Well, I hope it is true that this will have a domino effect on all countries around the world in this era. Not all at once or suddenly, at least not slowly, as long as the important thing is that each country wakes up to what El Salvador has done.

And I also hope that our country will also realize the positive effect that bitcoin can have on the economy, not only for the government but also for the citizens
who are here in our country.

[Cryptsafe]

^  El Salvador president also meet up with Melei the Argentinian president who is also known BTC holder. I think Argentina will sure be buying BTC as well when US start their BTC Reserves.

I heard in the news about them becoming close ally. It will trigger countries to start piling up their holdings when power houses like China and Russia also begin buying for their BTC reserves. All it needs is their regulations to be fixed.

This is just what we need to take effect, once this is achieved, the price trigger would be activated and bitcoin would become much of a scarce commodity making it more in demand and do not forget that the more the demand the possible increase in price of the commodity as it would be a scarce good. If these world powers decides to keep bitcoin as national reserves, what is left for the other nations to follow suits too. I think the bitcoin revolution has just started.

Well, I hope it is true that this will have a domino effect on all countries around the world in this era. Not all at once or suddenly, at least not slowly, as long as the important thing is that each country wakes up to what El Salvador has done.

And I also hope that our country will also realize the positive effect that bitcoin can have on the economy, not only for the government but also for the citizens
who are here in our country.

The influence the US has is undeniable and I have seen it that most countries are just waiting to see the US fully adopt bitcoin and once that is done, you will see that many nations would commence their bitcoin adoption process with policies and regulations being put in place just like the US would do.

One thing I have come to realize is that some nations are just waiting to see a green light from other bigger nation so they would follow suit because they are just dependent on the bigger nation in some processes so as not to be on their ignore or watchlist if I am not mistaken.

[Gurujebs]

Well, I hope it is true that this will have a domino effect on all countries around the world in this era. Not all at once or suddenly, at least not slowly, as long as the important thing is that each country wakes up to what El Salvador has done.

And I also hope that our country will also realize the positive effect that bitcoin can have on the economy, not only for the government but also for the citizens
who are here in our country.

If we want to see the real effect of countries adoption, wait let's US says they have finally accepted Crypto as legal tender, you will see influx of some countries, not really the big ones but the countries that has memorandum with US, they will likely want to copy everything that US is doing so they can benefit from whatever US is going to benefit later in the future.

However, the more countries united to accept crypto legality, the more tight regulations will become, government involvement certainly comes with some restrictions and that's not what crypto is about in the first place.

[rizqillah]

Well, I hope it is true that this will have a domino effect on all countries around the world in this era. Not all at once or suddenly, at least not slowly, as long as the important thing is that each country wakes up to what El Salvador has done.

And I also hope that our country will also realize the positive effect that bitcoin can have on the economy, not only for the government but also for the citizens
who are here in our country.

If we want to see the real effect of countries adoption, wait let's US says they have finally accepted Crypto as legal tender, you will see influx of some countries, not really the big ones but the countries that has memorandum with US, they will likely want to copy everything that US is doing so they can benefit from whatever US is going to benefit later in the future.

However, the more countries united to accept crypto legality, the more tight regulations will become, government involvement certainly comes with some restrictions and that's not what crypto is about in the first place.

we wait for donald trump to be inaugurated, because i am curious about what he said during his campaign that he wanted to support bitcoin in the US and make the US the center of bitcoin. If that is true, it is possible that Trump will allow bitcoin as a means of payment.

[enwi]

we wait for donald trump to be inaugurated, because i am curious about what he said during his campaign that he wanted to support bitcoin in the US and make the US the center of bitcoin. If that is true, it is possible that Trump will allow bitcoin as a means of payment.

Surely, looking at the statements that appeared within the campaign, they become new hopes for the development of bitcoin, especially if the measures that are positively regarded in the field of cryptos are really being implemented. Such a move will also ensure that it reaches global investors while at the same time improving the use of blockchain technology on a wider scale. If a major economy such as that of the USA is to extend space for the usage of bitcoin as a form of payment, then the world will definitely see other countries emulate the action. However, what needs more attention is how the policy is to be implemented and what effects the policy has on the entire market. Anyways, using opportunities and developing successful investment strategy is the best way to welcome this change.

[Gposas]

Iran been in the news in the previous years where they are mining BTC. The countries with cheap energy will rip the benefits such as Iran.

This time they are getting ready because US is also preparing to moving towards crypto in Trumps term. All country will also be moving to BTC when they see adoption in international trade now that there are tension in geopolitics every where.

Iran has been under economic sanctions for a long time due to their involvement in nuclear weapons, so they have always been looking for an alternative payment solution to the USD to avoid being affected by US bans. BTC is the top choice and Iran has seen this opportunity for a long time, they've approached BTC discreetly but with a grand plan.

Now that the US is about to accept BTC and reserve BTC for its federal budget, Iran has even more reason to accept crypto for its economy. Once the US has a legal framework for BTC, the global acceptance of BTC will increase and Iran can trade with the world more easily through BTC.

I'm not surprised by this news, but I also don't consider it good news for BTC because the US will find ways to restrict or flag BTC misused by the Iranian government for nuclearizing the Middle East. BTC will then face many new accusations

I guess you're making a point here.. but at the stance it seems a goodnews to Crypto users that BTC is becoming a worldwide accepted currency without any restrictions from government of different countries.

Now, though we may find it pleasant for wide use and acceptance, it is still keen that some set of these countries may accept BTC for the sake of something dangerous and destructive...
And at the same time, there'll grow up laws against this Crypto assets which may lead to declination.

[UNIVERSE]

El Salvador is an example for all, El Salvador is the smallest country in Central America that has been able to change their image by legalizing bitcoin and becoming a rich country with Bitcoin that they bought from 2021 until now.
It was a risky decision but President el Salvador proved that they could be the first country to be able to adopt bitcoin.

You're right. El Salvador becomes the pioneer for all the countries in the world. El Salvador invested in crypto and they made crypto to be a legal tender. It is absolutely a brave move, El Salvador showed the world that utilizing crypto is a great way to improve the financial of the country. Sure, it is very risky but everyone knows they are already success now. El Salvador successfully improved their financial condition.

[vegasus]

we wait for donald trump to be inaugurated, because i am curious about what he said during his campaign that he wanted to support bitcoin in the US and make the US the center of bitcoin. If that is true, it is possible that Trump will allow bitcoin as a means of payment.

This will mean so much for the crypto world. However, it is still not certain what kind of support will be provided, and the extent of that support. I don't know whether it will be a legal tender or not, but this is quite difficult and is also likely to be really controversial. We just have to see whether the effects will be long term or only temporary for Trump's benefit. Well, because sometimes the world of politics changes very quickly. but at least, the crypto market will be greatly influenced by the very good news from Trump's inauguration as president and this will greatly benefit many parties, crypto enthusiasts. and we are very grateful that it is one of the main factors in achieving a much higher ATH.

[enwi]

El Salvador is an example for all, El Salvador is the smallest country in Central America that has been able to change their image by legalizing bitcoin and becoming a rich country with Bitcoin that they bought from 2021 until now.
It was a risky decision but President el Salvador proved that they could be the first country to be able to adopt bitcoin.

You're right. El Salvador becomes the pioneer for all the countries in the world. El Salvador invested in crypto and they made crypto to be a legal tender. It is absolutely a brave move, El Salvador showed the world that utilizing crypto is a great way to improve the financial of the country. Sure, it is very risky but everyone knows they are already success now. El Salvador successfully improved their financial condition.

I believe that when a country decides to introduce new technology the effects are realized not only at the domestic front but also on the global arena. We have seen that there is much courage that has publicised itself in the steps that have been taken. When looking at the opportunities of digital assets, this is how we clearly observe new technologies’ potentials to address real life economic issues. It also demonstrates that there is a proper place reserved for innovation in development. We can only expect that this move will mark the start of a chain reaction in other countries to work towards a world where everyone is fairly represented in the financial market and where consumers enjoy better protection.

[Dr.Bitcoin_Strange]

El Salvador is an example for all, El Salvador is the smallest country in Central America that has been able to change their image by legalizing bitcoin and becoming a rich country with Bitcoin that they bought from 2021 until now.
It was a risky decision but President el Salvador proved that they could be the first country to be able to adopt bitcoin.

You're right. El Salvador becomes the pioneer for all the countries in the world. El Salvador invested in crypto and they made crypto to be a legal tender. It is absolutely a brave move, El Salvador showed the world that utilizing crypto is a great way to improve the financial of the country. Sure, it is very risky but everyone knows they are already success now. El Salvador successfully improved their financial condition.

If only they saw the potential of bitcoin when the price was still very low,  they would have been in a massive profit that could have been used to strengthened their economy but they actually saw Bitcoin as a scam from the start and now that price is hiked is when they are getting in. I would have preferred a situation that Bitcoin is not even adopted by the government because I think at some point, they would want to regulate users of Bitcoin.

[taufik123]

You're right. El Salvador becomes the pioneer for all the countries in the world. El Salvador invested in crypto and they made crypto to be a legal tender. It is absolutely a brave move, El Salvador showed the world that utilizing crypto is a great way to improve the financial of the country. Sure, it is very risky but everyone knows they are already success now. El Salvador successfully improved their financial condition.

Which at first many were pessimistic about El Salvador's choice of why they should adopt bitcoin, it was also increasingly pressured by the decline in the price of bitcoin at that time which made many people feel that El Salvador chose the wrong path.

But Nayib Bukele as president of El Salvador was convinced of his choice and continued to buy bitcoin and now El Salvador has made tremendous profits in just a few years.

This is certainly extraordinary and can be exemplified by other countries, even though they are small countries but they are able to earn a considerable income from the Bitcoin they invest.

[$crypto$]

If only they saw the potential of bitcoin when the price was still very low,  they would have been in a massive profit that could have been used to strengthened their economy but they actually saw Bitcoin as a scam from the start and now that price is hiked is when they are getting in. I would have preferred a situation that Bitcoin is not even adopted by the government because I think at some point, they would want to regulate users of Bitcoin.

It is no secret that when the government viewed bitcoin as a scam and even as a threat when bitcoin first appeared, that is something we all know. But sooner or later they will see what they think is wrong, and it is proven now that many are starting to get into bitcoin.

In any case, the government will try to be able to regulate anything, including bitcoin and I agree with you that maybe their plan is like that about bitcoin users.

[Cryptsafe]

we wait for donald trump to be inaugurated, because i am curious about what he said during his campaign that he wanted to support bitcoin in the US and make the US the center of bitcoin. If that is true, it is possible that Trump will allow bitcoin as a means of payment.

The whole crypto community are eagerly waiting for Trump as he has promised when he was doing his campaign but the truth is that politicians would always be who they are and when it comes to campaign, they make promises upon promises just to get at the populace for their votes and win elections then after the elections, the populace waits for them to fulfill their promises which sometimes does not go down well with them but I think Trump would do something about all he has said during his campaign. Let us give him some time, maybe after his inauguration, he would be able to swing into action to deliver his promises during his campaign.

[Stuart]

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.