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I hope so too. If actually forex and stock trading and investment doesn't affect the country's economy then I don't see any potential threat that cryptocurrency will actually pose to the economyThe circulation of the national currency cannot be affected , people invest in stock ,forex and it's not affected ,I don't think it will affect anything
It's a very good idea if the Zimbabwean government could imitate the approach adopted by El Salvador. It would be much easier if they could get mentorship from El Salvador.I read similar article on the adoption of cryptocurrency as legal tender in Zimbabwe. I would suggest the country copy the strategy of El Salvador.
I know that for Zimbabwe to take a step of making crypto currency as legal tender, they would have determined how El Salvador has been managing it. They have quite known that it could be an advantage for them if accepted as legal tender. We've not seen a country that accept crypto as legal tender and drop it for one reason or another.It's a very good idea if the Zimbabwean government could imitate the approach adopted by El Salvador. It would be much easier if they could get mentorship from El Salvador.
The best place to get ideas about the success of an industry is from the successful ones in the field. El Salvador has paved the way for other countries and they are thr pioneer adopter of bitcoin as legal tender.I know that for Zimbabwe to take a step of making crypto currency as legal tender, they would have determined how El Salvador has been managing it. They have quite known that it could be an advantage for them if accepted as legal tender. We've not seen a country that accept crypto as legal tender and drop it for one reason or another.
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