Which countries are the next to follow El Salvador in your opinion?
59 sats \ 5 boost \ 7 comments \ @zuspotirko 24 Feb 2022 bitcoin freebie
Here are a few thoughts I have:
  • Turkey: the boomer presidents monetary policy is crazy. Even from a fiat perspective. Turkey also has a lot bigger economy than one might think and everybody has a smartphone. The collapse of the lira is inevitable - lets see who replaces him then.
  • Russia: bitcoiners 🤝 mainstream politics wanting russia to be excluded from the swift system. Okay, this is clickbait to get your opinions. Idk if this would push russia to run its exports on btc. What do you think?
  • Balkan countries: So many people working in central europe and sending money home. The fees some banks take for currency conversion is a disgrace. Bitcoin fixes this!
  • West Africa: The CFA-Franc is a currency used in many french speaking african countries. The way it is tied to the euro in combination with big (european) companies extracting raw materials and foreign aid makes it basically colonialism with extra steps. Bad look. Bitcoin fixes this.
  • South america: many in the same situation as El Salvador.
  • Mexico: I don't see mexico attracting the economic sanctions that making btc legal tender anytime soon. But declaring btc a foreign currency of El Salvador could unleash enormous economic potential.
What do you guys think?
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10 sats \ 1 reply \ @tomlaies 24 Feb 2022 freebie
It is Switzerland. Already pay taxes in some Kantons, big potential for clean energy production, already widespread hard money culture in some political parts, big international financial transactions. Also swiss people have the discretionary income and afinity to financial products.
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0 sats \ 0 replies \ @bartajopsi 24 Feb 2022 freebie
Nah, Switzerland is the epicenter of the elites secretly running the world. They profit from fiat and hoard wealth. They want to squeeze us. They hate bitcoin and us.
3 sats \ 1 reply \ @k00b 24 Feb 2022
I want to see it happen in Mexico personally because it's so close to me but idk.
Whose leaders geopolitically needs it most is likely who adopts it next.
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12 sats \ 0 replies \ @tomlaies 24 Feb 2022 freebie
It's not those leaders geopolitically needs it most, it is a risk/reward and also I do think culture does play a role. E.g. Switzerland would face almost no negative consequences and already has a subculture of hard money and freedom.
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2 sats \ 0 replies \ @BlokchainB 24 Feb 2022
I hope Africa can move on from the CFA. Alex’s Bitcoin magazine essay on this was very eye opening to french oppression
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0 sats \ 0 replies \ @eduardopro 25 Feb 2022
My bet is on Honduras. Apparently, Bukele is very influential in the country. And they need Bitcoin.
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0 sats \ 0 replies \ @bartajopsi 24 Feb 2022 freebie
It would be funny to see the left having a cognitive dissonance stroke when Russia uses its massive amounts of methane gas under the permafrost to mine bitcoin. Methane is the most low hanging fruit to fight climate change.