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Which Nation Will Follow El Salvador’s Lead? Josh Doña 20 minutes ago With the nation state game theory playing out in front of us, it is interesting to speculate on who may be next. El Salvador’s bold and groundbreaking move to declare bitcoin legal tender on June 8, 2021 has caught the attenti

Which Nation Will Follow El Salvador’s Lead? Josh Doña 20 minutes ago With the nation state game theory playing out in front of us, it is interesting to speculate on who may be next. El Salvador’s bold and groundbreaking move to declare bitcoin legal tender on June 8, 2021 has caught the attenti



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5 Comments

  1. This is probably dependent upon which governments have less regulation over consumer growth up the ladder. After all, giving access to more investment vehicles means more ways for people to save and earn money.

  2. I think it’s very good for crypto adoption, as we can see how it works out. Countries may also start making their own stablecoins at some point, which would give them more control and kiiiinda defeat the purpose of defi. It’s going to be very important for the main current projects to keep their credibility over time

  3. tldr; El Salvador’s move to declare bitcoin legal tender on June 8, 2021 has caught the attention of eight Latin American countries. Panama is one of the countries that has started a Telegram chat room to hear from constituents about their thoughts on El Salvador’s Bitcoin Law. The main debate is whether the prospective bill should only recognize bitcoin as legal tender or if it should be wider in scope and legalize the use of other cryptocurrencies as money.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. El Salvador’s move to make bitcoin legal tender is a huge step for adoption. What do you think of the Central American nation’s decision? Is it good for crypto? Bad for it?

    What other nations do you think will follow in their footsteps? Will other nations follow their lead?

    Forget the articles you’ve read, what do YOU think? I’d like to here the unfiltered opinions of the crypto community

What do you think?

The only thing I know

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