https://www.crypto-news-flash.com/breaking-news-taiwan-to-recognize-bitcoin-as-legal-tender/
I wonder how this might impact US-China relations if it passes...
https://www.msn.com/en-us/money/other/mexican-senator-indira-kempis-rallies-support-for-bitcoin-as-legal-tender-if-el-salvador-could-do-it-surely-we-can-as-well/ar-AA1iRRQt
I have no idea how much support/interest there is for this in Mexico. :popcorn:
https://www.livebitcoinnews.com/is-paraguay-looking-to-make-btc-legal-tender/
Not sure how influential this Congressman is or how widespread his interest is shared amongst his colleagues.
This surprised me...
More:
https://bitcoinmagazine.com/culture/yougov-finds-americans-want-bitcoin-legal-tender-in-the-us
If the youth are the future, Bitcoin appears poised for future growth.
https://www.dailymail.co.uk/news/article-12158911/Banknotes-worth-nearly-9BILLION-havent-cashed-despite-not-legal-tender-October.html
Maybe the paper notes make great mattress stuffing...
In the wake of several countries granting Bitcoin and TRON legal tender status, the IMF came up with a paper describing "effective policies for crypto assets". Number 1 element is a warning...
More:
https://bitcoinmagazine.com/culture/pr%C3%B3spera-bitcoin-legal-tender-explained
https://en.wikipedia.org/wiki/Pr%C3%B3spera
https://www.reuters.com/world/americas/honduran-congress-unanimously-nixes-special-economic-zones-2022-04-21/
So they repealed the law that allowed for the...
https://www.msn.com/en-xl/africa/other/misdirections-at-the-central-bank-of-nigeria/ar-AA178NHW
They apparently didn't print enough of the new notes to meet demand by a hard deadline for eliminating the old notes. Funny fiat fumblerooski!
I missed this story back in April of last year:
https://www.bbc.com/news/world-africa-61565485
I'm guessing that CAR was hoping to attract foreign investment with the move.
How did I miss this story!?!?
October 2022 (emphasis mine):
https://www.africa.com/imf-believes-zimbabwes-gold-coins-are-a-missed-chance-to-build-the-nations-gold-reserves/
This looks like Ron Paul's competing currencies bill in action, but on a limited scale/basis.
December 2022...
https://www.forbes.com/sites/roberthart/2021/06/09/el-salvador-makes-history-as-worlds-first-country-to-make-bitcoin-legal-tender/
El Salvador dropped the bomb. Wow.
It seems painfully obvious to me that given events that are shaping the future for the US Dollar, we are headed for a currency crisis. Most pundits in the financial media, at least the ones who dare to discuss this topic, usually point to two options - default on the debt or monetize the debt...
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