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Topic: Ukraine passed law to Legalize Bitcoin what does it mean for Bitcoin? - page 2. (Read 250 times)

hero member
Activity: 952
Merit: 555
Is this a great footstep taking by Ukraine Government to Cushion the effect of this war in your opinion?

Yes base on my personal opinion, i begin to think of possible thing that could have orchestrated Ukraine government to even accept donations in cryptocurrency, but now that they have tasted the look of crypto they see possible opportunities it could offer them even as the ongoing war continue, El-Savador never regretted making such decision and their history is already set on record as the first country to accept bitcoin as a legal tender, now if Ukraine sees such as an opportunity for them too, then its never too late to make a record the second after El-Savador.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
Ukraine know the benefit of cryptocurrencies when it was used as payment/donation from many parts of the world to help the Ukraine in this time of Russia dictatorial invasion of Ukraine. Bitcoin, cryptocurrencies has been proved to be money that can be sent from one country to another. War makes people to appreciate the value of cryptocurrencies which can be the only useful and safer money in time of war. I know this legalization will be positive as cryptocurrencies has been benefiting Ukraine in this time of war. The world is just getting ready for more crypto adoption.
newbie
Activity: 28
Merit: 15
Ukraine passed law to Legalize Bitcoin and crypto will have a positive impact on Bitcoin and on the crypto space.
The impact might not be seen happening immediately in the market but significant impact will definitely come.
This in total has a positive impact for the market in general.

Benefits of this Legalization
More countries will now pay very good attention to Bitcoin adoption unlike before and follow suit.

This will give people clearer picture of where we are heading to as most people are still doubtful of this very Technology.

Is this a great footstep taking by Ukraine Government to Cushion the effect of this war in your opinion?


https://www.coindesk.com/policy/2022/03/16/ukraines-zelensky-signs-virtual-assets-bill-into-law-legalizing-crypto/
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