Unlike the favorite rhetoric of politicians and bureaucrats about economic inclusivism and poverty reduction, this meeting in El Salvador is real talk. Imagine representatives from 44 countries coming to El Salvador just to discuss the economic and financial advantages of BTC. Source
Posted Using LeoFinance Beta
The 44 countries might have awaken from their slumber and decided to do something and not just stay on the sidelines.
Posted Using LeoFinance Beta
I am thinking. Perhaps, mainstream adoption is coming sooner than we expect. 😄
!hivebits
Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | community | <>< daily
Maybe not mainstream adoption, but at least greater acceptance by more nations. Cryptocurrency as a whole benefits the Global South far more that it does the heavily financialized Global North.
Posted Using LeoFinance Beta
That's a good idea. The Standard of living in the GS is not so expensive. Given the access to cryptocurrency, this is a great way to grow one's capital.
Posted Using LeoFinance Beta
Hope you are right. It would be amazing when it finally starts to happen.
I think greater acceptance as mentioned by @magnacarta is more realistic.
Posted Using LeoFinance Beta
That's true though. It's taking a while and hope witness such while we're here on earth :)
Posted Using LeoFinance Beta
Praying that we will. 😊
Amen to that🙏
Posted Using LeoFinance Beta
Sadly, CBN was unable to find its way there.
Posted Using LeoFinance Beta
Why is that? How long will mainstream media take for granted this kind of significant event?
!PIZZA
Posted Using LeoFinance Beta
I was actually referring to CBN(Central bank of Nigeria) here in Nigeria.
There's currently a ban placed on cryptocurrency trading/transaction in Nigeria, thereby forbidding banks from any crypto related activity.
Posted Using LeoFinance Beta
I missed that. How I wish there will be a change of mind sooner or later on the part of CBN once BTC gained popular adoption.
It sure has in the country.
The issue there is the government are looking for ways to control this technology, but all their effort yield no result, so they choose the other way. Even with that p2p trading is much on the rise than ever before.
Let's hope we get a crypto-friendly president later in the future to help with the current situation.
Posted Using LeoFinance Beta
Yes. The key is mass education. When the masses support an idea, no politician is courageous enough to contradict it. Not unless he or she wants to kill his/her political career.
!PIZZA
That's sad but I hope they will wake up one day soon and welcome crypto in your country.
Posted Using LeoFinance Beta
I hope so too.
If not for p2p trading, crypto adoption would have been on hold after the ban.
It's a blessing in disguise for traders, but a loss on the government side. No tax or any form of charges from crypto trading, which can help grow the economy
I guess they are too old to understand what's going on.
Posted Using LeoFinance Beta
Maybe one day they will open up their doors to crypto.
It's good that there is P2P so at least you can still trade :)
Posted Using LeoFinance Beta