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Topic: 1 Year From Now: 5-10 Countries Accepting BTC As A Legal Tender - page 2. (Read 228 times)

legendary
Activity: 1358
Merit: 1093
legendary
Activity: 3080
Merit: 1500
I wouldn't disagree to your statement op. Even though some countries don't accept bitcoin as a legal tender, the mass adoption will keep on happening. It may be through legal routes or illegal routes, but it will continue in its growth trajectory. So the next bull cycle has a great chance to break previous ATH record.

People are not realizing this opportunity and thinking about short term gain only. Remember, many people became negative when bitcoin price reached 22k back in 2017 and then slipped to 3k in 2018. Now they can't even buy it at 22k level. Opportunity lost!
sr. member
Activity: 882
Merit: 403
While I believe that worldwide adoption is possible, I do not see it happening that fast. But regardless of this, I do agree that there is a high chance for Bitcoin to reach a price more than $1XX,XXX and I don't even think that bitcoin would need worldwide adoption yet just to reach this goal. Just with a few big names that would show interest in bircoin may easily push the market making Bitcoin skyrocket in just a blink of an eye. So yes, accumulation and hodling is still the best option for every crypto enthusiast.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
Just imagine it. This is madness! BTC can reach new ATHs in the coming year... funny how people don't realize it. They keep listening to the bankers: "it's risky, it's no good, it's a scam, blah blah".

Go buy BTC now and give yourself a chance to have a better life! We're living historical times.

To me BTC reaching $1XX,XXX is a certainty and I think it will go up way more than that.

Just HODL and enjoy the riiiiiiiiiiiiiiidddddddddeeeeeeee!

As much as there is no certainty in any prediction concerning bitcoin, I'd love to believe that it is true bitcoin will hit new ATHs in the coming months and would in fact be a legal tender in many countries in the space of twelve months.
Just yesterday, I came across a thread that reported the fact that El Salvador endorsed bitcoin and accepts it as a legal tender in the country. I have the belief that several countries would follow siut and in just twelve months, we would be counting nothing less than ten countries accepting bitcoin as a legal tender.
sr. member
Activity: 1988
Merit: 453
It's possible. But do not make such predictions.

What is wrong with such a prediction? Before the announcement came from president Nayib Bukele, no one really thought that any country (apart from micronations such as Liberland) would make Bitcoin as the legal tender. In all probability, if you had talked about the possibility of such a scenario to any of your friends, they would have mocked you. Now one thing is sure. El Salvador is not going to be the only country to take this step. Once the other countries take note of the investment flowing in to El Salvador, they also will rethink about the status of Bitcoin.
newbie
Activity: 61
Merit: 0
by the way can see btc 28 25
because the volume is too low.
legendary
Activity: 1134
Merit: 1598
Yeah, people do seem to believe that banks are their saviors and in the best interest of the people. It's not like this, it never was and it never will. Banks are always going to be against us while pretending not to be.

When some countries will ban Bitcoins, others will take the opportunity to sustain it. So bans don't mean shit.
newbie
Activity: 61
Merit: 0
Rockefeller and Rodhchilds are the owner and king of world money and commerce.
I don't know what will happen in the coming days, but they don't like bitcoin. because they are trying to crash btc with fake news. unfortunately btc is very affected by manipulations. !!
Most of the world's media and news companies are in the hands of the Rodhchilds. They can manipulate BTC however they want. because the USD parity, the dollar, is their currency. and if the dollar is damaged, they will do anything to finish bitcoin.
they have a big trump card in their hands, fake news, manipulation and restrictions.
I don't know what will be the end of this thing.
hero member
Activity: 1904
Merit: 510
if the country has legalized bitcoin, we must be ready to make our own bank, make our own finances, we must maintain every step we will take, because more and more countries are legalizing bitcoin, the competition is getting tougher, we must be prepared with all the risks we will face, because the pros and cons will always be there, so we must be wise in stepping..
legendary
Activity: 2310
Merit: 1422
IMHO, this was inevitable right from the start and now it's the right time for the people of the world to start independently using bitcoin the right way to support the network. As I said somewhere else, Bitcoin's a political tool in our hand and we need to make sure to have all right lines of defense in place to stand against the many enemies that will come next.
So, please use your own node, be your own bank and provide liquidity on LN Smiley
Remember this is only the beginning.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
I usually try to keep my response measured, but it is a pretty big deal.  I figured it was going to be another decade or so before a sovereign nation made BTC legal tender.  

Just keep in mind that other countries may not opt to follow blindly.  Perhaps they'll deem it prudent to watch closely and see how things unfold before they decide whether to take the plunge or not.  I suspect El Salvador will fall under tremendous scrutiny over the coming months.  It's also likely the FUD won't end here.  Those who pull the puppet stings in the media will take every opportunity to highlight any remotely tenuous link to money laundering or other forms of financial crime.  And they'll continue to leave out the part where most crimes involve a national fiat currency.  There's always the chance that it won't be plain sailing from here.

[Insert the usual advice of taking nothing for granted/don't invest what you can't afford to lose/past performance is no guarantee of future success/etc here]
legendary
Activity: 1358
Merit: 1093
Just imagine it. This is madness! BTC can reach new ATHs in the coming year... funny how people don't realize it. They keep listening to the bankers: "it's risky, it's no good, it's a scam, blah blah".

Go buy BTC now and give yourself a chance to have a better life! We're living historical times.

To me BTC reaching $1XX,XXX is a certainty and I think it will go up way more than that.

Just HODL and enjoy the riiiiiiiiiiiiiiidddddddddeeeeeeee!
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