I have known about crypto since 2018, since then I opened myself to a large number of terms unknown to me, or applied to other economic activities or social life, such as "Digital Mining". Since I was young, I worked in artisanal mining extracting gold or diamonds in the mountains of Bolívar state in Venezuela.
Since then I have witnessed these terms grow and become more popular among people, and it is part of the evolution of society and the economy itself that sees how "Digital Assets" (Cryptocurrencies) are very popular, even among people. that they do not have access to large capitals but that having access to the Internet and with it to another quantity of digital resources are benefiting from this economic evolution.
Mass adoption.
The term that many of us have been most attentive to is "Adoption", it is the dream of every crypto enthusiast and every time a news item is generated that involves more adoption of cryptocurrencies, this makes us happy for several things: One is that crypto will continue to grow and the other for the positive influence on the prices of assets that we already own and that we have accumulated for some time.
These days we have witnessed news that although they are not definitive, they are another step in the right direction towards mass adoption, an event that will change the paradigms of the world economy forever.
Venezuela.
This week the news was released that a supermarket chain located in the center of the country used cryptocurrencies as a means of payments, it was known that up to a total of eight cryptographic assets will be accepting the Bio Mercados chain.
Digital assets such as bitcoin (BTC), dash (DASH), litecoin (LTC), binance coin (BNB), tron (TRX), cryptobuyer (XPT) and the stablecoins binance dollar (BUSD) and tether (USDT) are some of the cryptocurrencies with which products on the network can be canceled.
All this due to agreements signed with the cryptocurrency exchange Cryptobuyer. All this will be accompanied by an educational campaign that aims to educate the community in everything related to cryptocurrencies.
The news adds to the announcement recently for the state of Zulia, called "Bitcoin City", an initiative that aims to promote the use of cryptocurrencies as a form of payment in the state's shops, following the example of many establishments and chains of shops that since they have been accepting cryptocurrencies as a form of payment for a while.
USA.
In the United States, a bank announced a line of credits for institutional investors, who can request their credit in US dollars and back them with Ethereum. This is possible thanks to an alliance between Anchorage and the American commercial bank BankProv.
Another news is the one that was given in Miami at the Bitcoin 2021 conference, where it was announced that now you can pay for anti-Covid-19 vaccines with Bitcoin.
El Salvador.
Perhaps the most relevant news in recent hours is that from El Salvador, firstly President Nayib Bukele announced that he would introduce a project to propose declaring Bitcoin as legal tender in El Salvador, days later the proposal was unanimously approved , now the Central American country announced the purchase of Bitcoin.
It should be noted that President Nayib Bukele will meet with the international monetary fund and there is expectation about the most recent decision made regarding cryptocurrencies, it is believed that the decision of the government of El Salvador may generate a chain reaction and other governments may follow For example, if this scenario occurs, this would boost adoption much more.
This is a historic decision as it makes El Salvador the first country to legally adopt Bitcoin. The law requires all merchants to accept Bitcoin as a form of payment, except those who obviously do not have access to the technology.
Conclusions.
These are just some examples of what is happening around the world, logically the infrastructure must be progressively adapted, governments and private entities developing educational campaigns to spread the use of cryptocurrencies as well as develop tools that facilitate the use of digital assets.
It is true that much remains to be done, but from what we have seen over the years, this technology is expanding, its use is becoming more and more popular, and although what we see now is not definitive, I insist that they are firm steps in the right direction towards mass adoption, the dream of every crypto enthusiast, lover of financial freedom.
Let me know your opinion!
If anyone will see it. I see it. You currently have 184 upvotes, but that does not mean all of them saw (or even care) about it. This is the result of the automated curation. Many curators do not even see what they curate.
And there are a lot of people, who focus only on their own posts, and they do not (or rarely) care about other people's posts. The above mentioned automated curation, the selfishness and the greed ruins the social part of this blockchain.
The technology is good, but most of the people are not grown up to it. This is my opinion.
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