Are there any countries that accept cryptos as an actual method of payment?

[maianh09]

There are many countries using bitcoin as a legal means of payment that are European countries, Japan, Korea, the US ... In these countries they can use bitcoin to buy any of these. What does the store accept. Most countries that accept bitcoin as a currency for payment are developed countries, but in the case of Zimbabwe, few are developing countries. I think this is a progress. If bitcoin does not actually affect Zimbabwe's economy, other countries that are banning bitcoin will gradually accept bitcoin.

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[Doyenne]

Ukraine recently made crypto a legal payment method

[TIDOVEE]

I heard that in Zimbabwe people use other currencies and cryptocurrencies to trade as their current monetary system has failed them. Do other countries also accept cryptocurrency as their main currency apart from Zimbabwe?

Well, if using crypto currency in Zimbabwe couldn't work, I believe it is not because it cannot work at all but probably there are still somethings that are yet  to be put in place. Of which I think the bitcoin ATM  and hard currency. If this is not approved. It's general acceptability may be quit difficult.

[The Sceptical Chymist]

I'll believe that when I see any evidence of it. Until then it's a bunch of balls cooked up by tossers on r/bitcoin. There's a slight difference between an entire nation and a few hundred people.

Lol, I love your skepticism.

I was browsing Youtube a few weeks ago, and I saw some videos about Dash being used in Venezuela and there was even a coffee shop with a big Dash logo on it.  I'm skeptical as well, but they made a moderately convincing argument that Dash is actually being used in Venezuela and is growing in popularity.  But what the hell, who knows what the actual numbers are--it could well be just a few hundred people for all I know, but it didn't sound that way.

The thing is, countries that are in trouble tend to adopt another stable fiat currency when their own fails, and a lot of times it's the US dollar.  There are quite a few countries in S. America where those stupid golden dollar coins are very popular.  If you come across one in the US that's really worn, it's probably seen action in Ecuador or one of its neighboring countries.

[teosanru]

I heard that in Zimbabwe people use other currencies and cryptocurrencies to trade as their current monetary system has failed them. Do other countries also accept cryptocurrency as their main currency apart from Zimbabwe?

No country has made Cryptocurrencies a legal tender but however there are a lot of countries which are day by day becoming Crypto friendly. They are allowing transactions involving Cryptocurrencies in their jurisdiction however in a controlled manner. But there are a few tax heavens who aren't even charging any tax on Cryptocurrencies Income in private key like the Island country of Malta which I think wants the world economic center to shift in their country.

[bdivrik]

If this is the case, I think it is a good development. However, this news should not be too big. Because these countries are not developed countries. One day, if the peoples of Europe or America start shopping with bitcoin, the revolution will take place. Of course they already do. However, a small community is trading with bitcoin.

[yulionoo]

There are already several countries that have accepted cryptocurrency as a means of payment such as Japan, the United States, Switzerland, Canada, Russia, Venezuela, Argentina and others. these countries have legalized cryptocurrency as a means of payment but not as a major currency. I think their main currency is still fiat money. cryptocurrrency is only an alternative means of payment. they will not make cryptocurrency a major currency. because they already have a national currency.