El Salvador, Central African Republic, who’s next and why?
17 sats \ 0 replies \ @DarthCoin 24 Apr 2023
Guys, Bitcoin doesn't need to be "legal tender". People just need to learn it.
Legal tender is totally something else.
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11 sats \ 0 replies \ @siggy47 24 Apr 2023
You need to take CAR off your list.
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7 sats \ 2 replies \ @jk_14 24 Apr 2023
Who: United States of America
Why:
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0 sats \ 1 reply \ @scottathan 24 Apr 2023
But that's one guy who likely won't get elected. And besides, you're gonna need more support than just a president to get something like that through Congress.
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21 sats \ 0 replies \ @jk_14 24 Apr 2023
"With his victory, Bukele became the first president since José Napoleón Duarte (1984–1989) to not be a member of either ARENA or the FMLN, which had controlled the presidency in a two-party system from 1989 to 2019."
I leave it here... ;)
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0 sats \ 0 replies \ @gnilma 24 Apr 2023
Quite frankly, it doesn't matter who's next. I think it's much better to have adoption from the ground up instead of top down; I believe bottom up is the only approach that is sustainable anyways. Central planning in complex systems usually don't end well because of the inability for the central planner to see unintended consequences.
If there is enough people who demand bitcoin in a jurisdiction, it will become tender no matter if it is legal or not. On the other hand, if there is not enough bitcoin demand in a jurisdiction, no amount of legal tender law can force people to use bitcoin as tender. Legal tender laws of a undesired currency will simply push people into an underground economy that uses an alternate desired currency.
Because we see the quality and superiority of bitcoin, a lot of us tend to get impatient when it comes to adoption. We want others to see the light, to go down the rabbit hole, to feel the better experience that holding and using bitcoin provides. However, we must keep in mind that adoption of a new money is a very long process and could take decades to happen. Money adoption takes long because true adoption happens from bottom up.
Orange pilling is the way. If we want that Neo and Morpheus meme to come true; if we want to one day not have to sell our bitcoin into fiat to spend it on things we want/need; start by orange pilling your family, friends, neighbours, rancher, butcher, plumber, electrician, hair stylist, etc etc etc.
Just my 2 sats. Keep working and keep it real.
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