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555 sats \ 2 replies \ @030a29f333 22 Dec 2023 \ on: Country to Legalize Bitcoin polls
Legal tender laws are anti-bitcoin. Argentina is doing it right. Get rid of legal tender and let people use the currency they want. The best one will naturally rise to the top
Separation of money and state is the goal! You are right on!
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If the largest retailer in the country only accepted X, then X would likely become the de facto currency, no? That doesn't mean X is the best, it might just be the best for that retailer. And then its network effects spread from the top down rather than bottom up.
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