Bitcoin as a Legal Tender!

El Salvador looks to become the world’s first country to adopt bitcoin as legal tender

Bitcoin now become a real money to buy things as a legal tender

Some people try to defame bitcoin with the carbon footprint, energy related issues. I don't wanna take name of the particular (We already know him 😁).

On the other side positive things also happening.
We hope that it is a one step of ladder and now more countries from Asia can take 2nd Step

Why Govt. should trust Crypto ?

First of all public blockchain always gives transparency, trust and easy to transferable but high fee can be a limitation to adopt bitcoin

Few things come into mind when talk about crypto
Terrorism funding
Money Laundering
Illegal activities
Anonymity of the transactions

How Govt. can overcome these threats?

Introduce Identity based wallet (With proper KYC Norms)

Good to see EL Salvador initiative, Hope other countries also take it as an advantage and give the power to decentralised world.

Thank you for reading
Jatin