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[Balint098]

On February 26th, The Commercial Court of Nanterre finally accepted Bitcoin as a fungible and intangible asset as per Cointelegraph. Even though they haven't accepted BTC as a currency or even a fiat money, this moment is actually an important step for BTC mass adoption in the future. In a sad contrast, as of today BTC price crashed yet again to below $4,000. What caused this crash? Many still speculating but hopefully with this court ruling more and more people would be willing to embrace BTC in the future (In fact, now is the right moment to buy) .

 

[SCAMEXPOSER]

If the value of Bitcoin doesn't crash or fluctuate it won't last, most nations are yet to discuss it not adopt it, the crash gives room for more investment there by creating more awareness which makes grow stronger.

 

[hibi3454]

Wow I mean kudos to the French Government because at least it is a first step towards a more decentralized approach to currency in day to day life... but then again, the price crash is daunting but hopefully it will rise again.

 

[SCAMEXPOSER]

Yeah, the French government will definitely have to look keenly of it benefit to their economy before accepting it fully for day to day transactions. If the rise an fall is within $1000 difference it might be easily accepted.

 

[hibi3454]

Yeah, the French government will definitely have to look keenly of it benefit to their economy before accepting it fully for day to day transactions. If the rise an fall is within $1000 difference it might be easily accepted.

Yeah, have got to agree with you, a small price fluctuation can still be deemed as stable and I really do hope the value does remain stable and that the French government is able to make use of cryptocurrency in day to day use for its citizens.

 

[Brain]

I always think the issue of some nation's not accepting Bitcoin as recognized money is just scepticism and it's impact on their economy. When once that's rectify, accepting will be alot easy