I think singapore government accepting bitcoin means that the country do not want to be left behind in the technological and financial trend that bitcoin is bringing.
In Singapore the utilization of bitcoins is more than the use of the Singapore dollars since they realized that the bitcoins is much more protected then the money now a days nearly everybody in Singapore is utilizing the bitcoins on the grounds that in Singapore the bitcoins is acknowledged by each one so it’s not too hard to utilize Bitcoins in Singapore the understudies are appreciating the bitcoins on the grounds that they need their future brilliant and no one but bitcoins can help them in there points. What the hell are you talking about. The adoption of Bitcoin here is EXTREMELY low, its almost non existent. Most brick and motar shops here do not accept it at all, same with most of the shopping sites here. Singapore dollar is stable and most of the Singaporean view SGD as a stable currency and Bitcoin as a novel idea.
