Add Laos to the list of countries warming up to cryptocurrency.
It really makes sense for countries like Laos to take a hard look at cryptocurrency. This offer a wonderful opportunity to enrich their countries and offset some of the gap between the developed nations. Instead of solely being a low cost producer the country can get some real capital flowing into the nation.
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It's very nice to see how this is spreading all over the world. It looks like we hear about a new country showing to be open to crypto every day
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It is like a car crash. We are at the point now people just have to look.
Governments are wondering what is going on. There is too many opportunities for them to pass up.
We just need to make sure we are the ones take advantage of them first.
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The speed and ability to circumvent financial sanctions is appealing to many developing nations but it brings concerns for Western nations with a race to the bottom. I'd anticipate in time things will clean up but these will be an interesting and turbulent time in the mean time.
It's like a race now. Soon it will be uncool for a country to not accept bitcoin as a legal tender. The Sooner they realize this, the better.
If you are not taking an advantage of this economy then what are you even doing? I think all citizens must pressurize their local government to adopt crypto and blockchain.
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Yea it definitely closes the gap. It also isn't as easy to stop after the money is transferred since they can't intervene to reverse the transactions.
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