El Salvador has legalized #Bitcoin, which is good news for the Crypto community but this could bring the Crypto market into a new winter. Spring will not come easily and quickly. So be prepared for anything bad that could come in the near future for Crypto.
Previously, big banks attacked #Bitcoin, now IMF, US, China, Europe and central banks have and will continue to attack #Bitcoin. There will be more fud news, bans, scare tactics ... why?
Because they want to protect investors against the collapse of #Bitcoin?
NO 🥴 NO 🥴 NO 🥴
It's really because they really think #Bitcoin will be successful and a threat. No one has the time to attack something they don't care about and think it will fail.
So you will see that the war will really begin and winter may come right now
Let's see what happened right after EL SALVADOR voted yes.
- IMF warns of risks after El Salvador adopts bitcoin. See more .
"Adoption of bitcoin as legal tender raises a number of macroeconomic, financial and legal issues that require very careful analysis," spokesman Gerry Rice told reporters Thursday.
They will also have a meeting immediately to discuss the Covid-19 support package., which will probably be a condition for binding.
- Sen. Warren - Democratic congressman of the United States immediately answered an interview and said that: 'You Bet' More Crypto Regulation Is Needed . See more. What's interesting is that she always speaks up for the environment while still using her private jet. 😆😆😆
To end I would like to say that:
#Bitcoin should not be viewed as a competitor to the USD, should see #Bitcoin as an asset that exists in parallel with the USD. Like it or not, if #Bitcoin grows, then crypto succeeds.
My internet is having problems, so connecting to international servers is often bad. Therefore, this article does not use many illustrations. Sory 😭😭😭
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The El Salvador adoption of Bitcoin is one great move in the right direction. The financial institutions and the government just trying to fight change.
BTC mass adoption is inevitable. The earlier this institutions find a way to work it and it's underlying technically i.e the blockchain, the better it will be for them
I agree with you, but it probably won't be BTC but another coin.
Probably. But one thing is for sure cryptocurrency is here to stay
YEAH
I bet she rather has to or one of the stupider republicans had her already lynched.
😂😂😂 Maybe Republicans and Democrats have the same BTC problem.
Thank you for visiting my blog 💖💕
The government have fear of losing their own currency. So they are not allowing bitcoin to be the currency.
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You are correct but there will be different solutions. Prohibit or change by yourself to be compatible and appropriate. 😵 thanks for visiting ! 💕
It is interesting to read about this adoption on the national level in El Salvador. We hope that the authority won't rest until they master and put in place the fundamental principles around crypto to benefit all economical classes of people in El Salvador.
And expect the same in the next country ☺️☺️☺️
This is a good news, but let see how it goes
And take action to catch the trend 💖😊
I'm so happy when I heard that the president of El Salvador made Bitcoin medium of exchange, so far since slot if news affects the market negatively, that was the only news that added positivity to investors,traders and miners.
So i believe in the nearest future Bitcoin will wax strong in countries.
Your belief is very good, I believe the same and wish the same. Because when BTC succeeds, crypto succeeds.
But prepare your helmet, the battle has begun, everything is not only rosy.
It's a pity, have a nice weekend 🤗🤗🤗
Have a lovely weekend, as we watch the market grow.
These are interesting times.
Are you using seat belts? 😁😁😁
No just strap ons...