Author

Topic: Next countries adopting bitcoin as legal tender have not any coronavirus cases (Read 197 times)

member
Activity: 1218
Merit: 49
Binance #Smart World Global Token


Well, it would be good if those very small countries that you listed here will be adopting Bitcoin as a legal tender in their respective territories. But as OP admitted there is actually no correlation that having almost no Covid-19 cases will have something to do with the adoption...so this is just another speculation. I am not so familiar with these small nations and where they are located but if they are gonna be adopting Bitcoin and opening up their minuscule economy to cryptocurrency, they will certainly be on the news.
member
Activity: 882
Merit: 11
Volare.network
Next countries adopting bitcoin as legal tender have not any coronavirus cases:

 1) Kiribati (Population= 120k)
 2) Nauru (Population= 11k)   
 3) Palau (Population= 18k)
 4) Tonga (Population= 106k)
 5) Turkmenistan (Population= 6 million)
 6) Tuvalu (Population= 11k)

Just a prediction. What do you think?

-remotemass

what is the correlation of corona with bitcoin legalized?. I don't understand this, the two things are not even directly related. I think what you are saying is baseless. Is it because these countries are not busy with corona cases, they can make regulations for bitcoin to be legalized?
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
Next countries adopting bitcoin as legal tender have not any coronavirus cases:

 1) Kiribati (Population= 120k)
 2) Nauru (Population= 11k)   
 3) Palau (Population= 18k)
 4) Tonga (Population= 106k)
 5) Turkmenistan (Population= 6 million)
 6) Tuvalu (Population= 11k)

Just a prediction. What do you think?

-remotemass
to be honest there are some countries that I'm totally new to know
btw, I can't predict which country will next follow El Salvador's steps to make Bitcoin a legal tender

but I am 100% sure that many countries will be inspired by El Salvador
destiny cannot be changed. Bitcoin is destined to save the world's obsolete transaction system that deserves to be replaced
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
There is no link between covid and bitcoin. This was just me digressing.
It is what I've thought and questioned but thanks you've answered that already as I read this thread.  Tongue
Whatever the relation between Bitcoin and Covid, I don't wanna know.
Well, as per his context about the zero rate of covid with those countries and the possible next country to adopt bitcoin as a legal tender, it's just his thought and disgree.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
I think that there's some sort of scientific explanation as to why they have a really low or no case of COVID, probably the number of people is too small that even if a lot gather, there's still enough space to do social distancing or they are really good at enforcing preventive measures to prevent the spread of the virus like New Zealand. Their alleged adoption is just a mere coincidence.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag

Whatever the relation between Bitcoin and Covid, I don't wanna know.

But it makes sense to test on small countries like El Salvador but there has to be a good internet connection to countries that anyone can access the net everywhere in the country. El Salvador is a small country as well but it's in the middle of both north and south America which could potentially spread the adoption from different angles.
A small country with just less than 500K population is easy with just one TV station announcing the government's adoption. 
sr. member
Activity: 2366
Merit: 366
And we don't have any idea if they really heard about Bitcoin and crypto in general, they are very isolated.

Bitcoin and crypto could be introduced. It could be fixed. But as isolated islands somewhere in the pacific or elsewhere, it couldn't be fixed. This is where Bitcoin could probably be helpful. We all know how isolated islands are also isolated from banking services and from the growing financial globalization. Small nation islands could simply be left out unreached by various financial and banking services because they may not be profitable at all for banking operations in the first place. This is where Bitcoin comes in.
legendary
Activity: 1708
Merit: 1187
Your prediction seems contradicting with other articles out there, many articles was said Bitcoin is grow more popular because of corona virus. As many people want to get instant profit or free money on internet, of course they will find Bitcoin faucet.

Corona virus isn't a factor of adoption Bitcoin as legal tender, they would only unban Bitcoin to make their economy better... but not to accept it as legal tender.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
No relation whatsoever.

They're all relatively secluded or isolated and infections won't really take place there. If the local authorities don't actively test for it, then they probably wouldn't discover any cases. It can be asymptomatic for all you know.
legendary
Activity: 2170
Merit: 1789
Even if they have large covid cases, I don't see why they won't or can't do it if it is already on their plan. It's not like they need to do physical interactions and stuff like that. Just doing a vidcall should be more than enough to draft regulations etc.

Considering the area of those countries, I'd support them if they plan to do a test run. At least it will be a good lesson for other countries if they want to start their own.
full member
Activity: 826
Merit: 104
I don't see how they are related to each other very much, I don't know about these countries but with the information you shared, I only see that they have a very small population, look here, many countries still have population is not equal to the number of deaths from the COVID-19 epidemic.
member
Activity: 1120
Merit: 68
Probably the smaller population is the obvious reason and the other one is that they are able to control it much better since they have smaller population and most of them are small countries. I am not sure of any scientific backing with my opinion but I think that smaller population is the big factor for the prevention of the virus spread but it doesn't have any connection to the adoption of bitcoin as a legal tender.
legendary
Activity: 3080
Merit: 1353
where did you get the list? would you mind sharing the link?

Sure, my source was: https://ncov2019.live

There is no link between covid and bitcoin. This was just me digressing.

If that is the case then I don't think those countries are going to adopt BTC.

I'm not sure if we can call them like that, it seems that they are small tiny island around the Pacific (correct me if I'm wrong).

And we don't have any idea if they really heard about Bitcoin and crypto in general, they are very isolated.
full member
Activity: 1848
Merit: 158
where did you get the list? would you mind sharing the link?

Sure, my source was: https://ncov2019.live

There is no link between covid and bitcoin. This was just me digressing.

That's what I thought.  Tongue Most of the countries  you mentioned are not popular and I don't know if they have the knowledge about crypto in general. Their population is very small so this is actually good place to test crypto businesses. However, I believe, most of them are just using traditional means of payment method. But if their government will try to enter crypto, it would be easy because they have small population to inform about such development.
legendary
Activity: 1122
Merit: 1017
ASMR El Salvador
where did you get the list? would you mind sharing the link?

Sure, my source was: https://ncov2019.live

There is no link between covid and bitcoin. This was just me digressing.
legendary
Activity: 2436
Merit: 1104
where did you get the list? would you mind sharing the link?

are you making a conspiracy theory that ties coronavirus and bitcoin? searched around google and found some articles that say "more countries line up to make bitcoin as legal tender" (link below) and all of the countries except one has new confirmed cases(according to https://covid19.who.int/). so I am not really sure where are you going with this.


https://www.cityam.com/more-countries-line-up-to-make-bitcoin-legal-tender-which-one-will-be-next/
legendary
Activity: 1122
Merit: 1017
ASMR El Salvador
Next countries adopting bitcoin as legal tender have not any coronavirus cases:

 1) Kiribati (Population= 120k)
 2) Nauru (Population= 11k)   
 3) Palau (Population= 18k)
 4) Tonga (Population= 106k)
 5) Turkmenistan (Population= 6 million)
 6) Tuvalu (Population= 11k)

Just a prediction. What do you think?

-remotemass
Jump to: