pull down to refresh

Someone's gotta ask it:
Which country do you think will be next to adopt the Bitcoin Standard??
this territory is moderated
Well to be fair El Salvador is still on the fiat standard. They are a dollarized country.
No country has adopted the Bitcoin Standard.
My guess is that it will be decades before we have sovereign territories that are Bitcoin-centric enough to consider them on the Bitcoin Standard. And credit/fiat instruments will still persist, just, I think, to a much less significant degree to today.
Large-scale nation-state mining, replacing "modern" fiat central banking with Bitcoin treasury management, and taxing in Bitcoin (as opposed to taxing in fiat) will probably be some of the biggest indictators that a territory is a Bitcoin Standard.
reply