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[CrazySher]

Recently show many countries comes to front after El Salvador's adoption of Btc and those countries are Panama, Argentina, Uruguay, Tonga, Brazil, Paraguay , Hinduras and South Africa.

So, if these all countries become successful in Legalize Bitcoin, then we must see a big pump on it's price.

 

[LutherKing]

Most of the countries are in the Africa and south america region which collectively makes the Asia Pacific Region its famous for the travelling , so it will boost the industry

 

[SCAMEXPOSER]

They are great countries that has the capacity and the structure to make use of bitcoin as their legal tender and if they do it will be a booster to the cryptocurrency economy.

 

[Brain]

Recently show many countries comes to front after El Salvador's adoption of Btc and those countries are Panama, Argentina, Uruguay, Tonga, Brazil, Paraguay , Hinduras and South Africa.

So, if these all countries become successful in Legalize Bitcoin, then we must see a big pump on it's price.

This is a sure thing that will happen. When once these countries indicating interest to legalize crypto in their countries pull through it. it is an express way to have the price of BTC going up. But I think there will it just a matter of time as they have seen it potential and they benefits they will derived from doing so

 

[SCAMEXPOSER]

If countries like Brazil Argentina and South Africa can legalize the use of cryptocurrencies especially bitcoin and few other popular coins as legal tender in their country I believe it will be a boost to the prices of cryptocurrencies generally. I am patiently waiting for the United States of America to also adopt use of cryptocurrencies as legal tender officially though there are more activities which points to that direction already but declaring it officially will be a booster to the cryptocurrency prices and the entire ecosystem.

 

[Ononivami1]

The countries that showed interest in the bitcoin adoption are very many. The planned to the the steps of El Salvador. The salvadorians are really enjoying the dividend of bitcoin adoption because the price of bitcoin surged shortly after the El Salvador adopted bitcoin as its legal tender.

 

[Japhnet]

The continent that has shown support for BTC is majorly from the Americas. El Salvador's support is something else. South east asians do not show mich support for it.

 

[a_jerobon]

It is so great to see that so many countries are now considering the legalization of Bitcoin and other cryptocurrencies. All of them seem to have seen how it has worked out well for El Salvador and so they are willing to take a lip of faith too. This will be so great for investors if the countries actually legalize their transaction.

 

[SCAMEXPOSER]

It is so great to see that so many countries are now considering the legalization of Bitcoin and other cryptocurrencies. All of them seem to have seen how it has worked out well for El Salvador and so they are willing to take a lip of faith too. This will be so great for investors if the countries actually legalize their transaction.

I think it became very necessary for them to legalize the use of cryptocurrencies so that they can possibly generate revenues from activities around it. It is also possible that many countries have discovered that they are restriction is not really working because despite that people engage in the use of cryptocurrencies and find their ways to convert cryptocurrencies to the individual local currency.

 

[Lobardi]

All of them have high inflation and are near to be blacklisted since all the countries listed are on the ocean and have high recession rates each year in their economy especially the arhebtinia , Columbia , Bolivia all these states need to have Crypto as a legal tender to protect their currency actually to be honest in my opinion .

 

[a_jerobon]

I think it became very necessary for them to legalize the use of cryptocurrencies so that they can possibly generate revenues from activities around it. It is also possible that many countries have discovered that they are restriction is not really working because despite that people engage in the use of cryptocurrencies and find their ways to convert cryptocurrencies to the individual local currency.

That is very true. Despite the bans that countries impose on cryptocurrencies, you will still find that citizens from that county still trade cryptocurrencies. So there is no need to really restrict people. Moreover, they help a lot during inflation and hard economic times and the country can earn revenue from people using them.

 

[Pousinha]

All of them have high inflation and are near to be blacklisted since all the countries listed are on the ocean and have high recession rates each year in their economy especially the arhebtinia , Columbia , Bolivia all these states need to have Crypto as a legal tender to protect their currency actually to be honest in my opinion .

High inflation is a sad Latin American reality and it's not a recent event: it happens since the last century. All Latin American countries willing to legalize bitcoin forms the Mercosur block. Bolivia and Columbia don't count on full Mercosur membership as Brazil, Argentina, Uruguay and Paraguay, so these latter four may tend to standardize this decision. In any way, we must know the cryptocurrency use is not illegal at all among Mercosur full member countries, even if the full legalization is still discussed: in my country we have specific legislation about how including our cryptocurrencies earnings and cryptocurrencies hodler activities in our annual tax report, that becomes monthly tax report if the earnings overcome 35 thousand reais).

 

[SpenserReed]

Recently show many countries comes to front after El Salvador's adoption of Btc and those countries are Panama, Argentina, Uruguay, Tonga, Brazil, Paraguay , Hinduras and South Africa.

So, if these all countries become successful in Legalize Bitcoin, then we must see a big pump on it's price.

Sure, and this will be a long-awaited step toward the full implementation of bitcoin into our lives

 

[Bisola]

Recently show many countries comes to front after El Salvador's adoption of Btc and those countries are Panama, Argentina, Uruguay, Tonga, Brazil, Paraguay , Hinduras and South Africa.

So, if these all countries become successful in Legalize Bitcoin, then we must see a big pump on it's price.

Yes you are right if they should legalize Bitcoin in their countries bitcoin will definitely rise and people will buy this is because the old one to buy bitcoin and as a result of that it's coming will pump and a whole lot of people make profits even the country itself will definitely make some profit

 

[Ivanr01]

Actually bitcoin isnt illegal. You arent doing any crimes to receive it. It is similar to forex stocks, so if there are stock/forex markets in these countries then why bitcoin and more perferred crypto market to be not available ?
In my country bitcoin is marked as a stock and if I am going to sell it , I need to pay 20% for higher amounts of this crypto.

 

[MayorKayz]

These countries are not blind and deaf. They have been seeing and hearing the development that have been going on around El Salvador since there adoption in cryptocurrency. How there economy have improved and how they have profited from it, to even be building a big hospital with there gain from cryptocurrency

 

[Ivanr01]

Yes they have done it but when you invest in the bitcoin many countries see you as a person who ia trying to conceal his funds unlawfully and that's how they tackle it by placing enormous sum of tax and huge fees so that the users have to share a good sum of their profit to the governments

 

[ektalakra]

Many developed countries had already allowed Bitcoin, to be used in their kingdom such as:
1. the U.S.
2. Canada.
3. U.K
Other than these countries: Malaysia and El Salvador have called their country to adopt Bitcoin.

 

[BullyMaguire]

I wonder how much is the lost for el Salvador as of now. Not saying an actual loss since they still own whatever they have same quantity but the buying power and value has gone down so much almost half Percent. Wondering because this may affects what other interested countries on their impression for bitcoin

 

[fiery phoenix]

With the way cryptocurrency markets are crashing now,I would say cryptocurrency adoption by all the countries can pump crypto markets,I agree,but will it be able to maintain the bull run over a longer period of time.Cryptocurrencies are being adopted by a lot of individuals even in nations which have not yet legalized it as legal tender this is positive for the cryptocurrency market but there is still great opposition of cryptocurrencies like China,India and Colombia that are negative on cryptocurrencies which will leave cryptocurrencies at hard place to grow.So its not about the adoption of crypto for the pump but everyone in the world to be in sync about the use of cryptocurrencies then it can pump long term