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RE: Report from El Salvador : « The first 40 days of BTC as our currency »

in LeoFinance3 years ago

I think we in the crypto communities are seeing if this is effective in the long run, and with the way governments are thinking, this is only the beginning.

!PIZZA

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Heellooo @dadspardan, very nice to Hive you! 😃

I agree this is only the beginning of a hard process, where all crypto communities, like the Hive one, will have a crucial part to play in defense of decentralized economic mechanisms and cryptos, even in some cases when centralized governments, like El Salvador's one, decide to adopt such mechanisms.

I actually foresee a period of several years where many developed countries (China, the US, the European Union) will outright ban cryptos, but if we do resist and carry on using them under a black market, we'll eventually party on the corpses of fiat currencies 🙃.