Next Country to accept bitcoins is legal tender?

[ropyu1978]

the next country that accepts bitcoin as a legal tender, according to my prediction, most likely the country that will accept bitcoin as a legal tender is a small country, it is a small country that will follow the steps of el salvador, like tanzania, in my opinion if a super power country, most likely The country will not follow in El Salvador's footsteps, because they still strongly believe in fiat currency, which is controlled by the government.

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[Afrigod1234]

I hope making Bitcoin a legal tender benefits them though, Though I'm positive the future currency lies in Bitcoin, and if not specifically bitcoin then Cryptocurrrncy, cause just like how Fuel is being shunned and gradually rejected for automobiles bringing in solar powered cars, I guess it'll be the same for bitcoin, it'll soon make waves everywhere. Not just for small countries like El salvador.
Hope it also becomes stable and doesn't crash every now and then like how it did some hours ago.

[Marvell1]

Aside from El Salvador, the country that officially accepted bitcoin as legal tender yesterday, no other country has done so. All the rest of the countries are just considering accepting bitcoin. I recently read a report that the Cuba Central Bank is considering the recognition and regulation of crypto used for payments.
https://cointelegraph.com/news/cuba-set-to-recognize-and-regulate-cryptocurrency

[junmisakiro]

Next Country to accept bitcoins is legal tender will be   BLANK?   Serbia.

It is not clear which country will then make bitcoin legal tender, but I firmly believe that if the El Salvador economy is able to develop after legalizing bitcoin, then it is very likely that some countries will also follow the same path as El Salvador is now.

[jamkesmas]

For now there is no other country that makes bitcoin a fully legal tender other than the country of El Salvador, but a few months ago I read on a random news story that there are several small countries that are considering making bitcoin a legal tender, wrong one is Paraguay and Panama who are considering this.

[dndfinance]

Next Country to accept bitcoins is legal tender will be   BLANK?   Serbia.

I think, it was another South American country like Panama or something.

[Lucius]

I'm not that familiar with their politics vs the ex-Yugoslavian territories, but I expect it's not all nice and dandy.
And I also know that all it can take is new elections and new leadership for a change in the "official line", at least as declarations, and it may just be enough for EU.

You would be surprised to know what is going on here, but we will not go off-topic - I will just say that the EU wants to get Serbia on its side, before Russia does. Unfortunately this cannot and will not happen - one man rules that country and controls absolutely everything - and here I have written something that best depicts him and his character.

However, back to the topic, the date doesn't even matter that much, as long as that's - more or less - the direction (EU and probably EUR). And that makes Bitcoin quite unlikely in the equation.

Of course, the chance of an EU member setting Bitcoin to the level that El Salvador did is, in my opinion, less than 1% at the moment - and for a country like Serbia to do so is even lower. Such fake democracies that are actually dictatorships have never been and will never be a place where Bitcoin can prosper.

[LogitechMouse]

I'm thinking of a reason why the OP said that Serbia will be the next one that will accept Bitcoin as a legal tender but I can't think of any .
Maybe he has an insider telling about it or maybe he is from Serbia and he just thinks about his country accepting Bitcoin as a legal tender or maybe it is just a guess. A prediction .

Either way, words aren't enough for us to believe what the OP is saying. As always, sharing some credible links here will make us believe . On the other hand though, there might be another country that will follow what El Salvador did. Which country? W don't know but I'm pretty sure that what El Salvador will create a domino effect against other countries.... or not.

[batang_bitcoin]

Serbia? I'm with those rumors lately that it's gonna be Cuba, Paraguay and Dominican Republic. I don't know and can't be sure with that but those countries were on the news that seems to be also interested with crypto. It seems that many country in Latin America are looking forward to be open with bitcoin adoption. I think the ideal countries that are next to El Salvador is Venezuela and Zimbabwe. These two countries are known for the hyper inflation that's happening there right now.

[Shasha80]

I'm thinking of a reason why the OP said that Serbia will be the next one that will accept Bitcoin as a legal tender but I can't think of any .
Maybe he has an insider telling about it or maybe he is from Serbia and he just thinks about his country accepting Bitcoin as a legal tender or maybe it is just a guess. A prediction .

Either way, words aren't enough for us to believe what the OP is saying. As always, sharing some credible links here will make us believe . On the other hand though, there might be another country that will follow what El Salvador did. Which country? W don't know but I'm pretty sure that what El Salvador will create a domino effect against other countries.... or not.

I also don't believe Serbia is the next country to accept Bitcoin as a legal tender, because after I tried to search the internet for articles or news
that said Serbia would accept Bitcoin as a legal tender I couldn't find it. I don't know where the OP got the information from, maybe he is
a fortune teller or indeed the OP is a Serbian citizen. I agree with you the OP should provide a link that can convince members of this forum,
that Serbia is the next country to accept Bitcoin as a legal tender. Without any evidence I'm sure no one would believe what the OP said.

[mrongoz_imut]

the next country that accepts legal bitcoin payments, maybe it can be said that for now there is no country that has followed the steps of el salvador, which legalized bitcoin and made bitcoin a legal payment, but small countries like cuba and tanzania they are interested in bitcoin, but they are still considering it all, I will always wait what will happen next..

[AicecreaME]

Next Country to accept bitcoins is legal tender will be   BLANK?   Serbia.

I've read that there are talks about Bitcoin becoming legal tender in countries from Central or South America, but Europe? Nope.
Serbia is about to get into EU by 2025. This may also mean that they'll look towards EURO more than Bitcoin, although EURO is still very far.
I don't think that Serbia is such a good candidate, at least not until at least one of the prominent EU countries makes such a move.

I agree. I also don't think Serbia is a plausible next country to accept bitcoin as legal tender. While their citizens are enjoying the opportunities bitcoin has to offer, I think their government isn't much fond of crypto the same way the Serbians do. The focus of their government officials is on their own currency which is Euro. And this scenario isn't really surprising because Euro has a good potential as well taking the dollar aside. As we all know, Europe is also at the top of the game with developed countries and good economic states all over the world. The most probable countries to follow the step of El Salvador in accepting btc as legal tender are those countries in South America specifically Paraguay which has been said to slowly adopting bitcoin.

[hd49728]

I don't hope much with the next countries that accept Bitcoin and consider it as legal tender.

I am waiting to see what will happen with El Salvador after a few months. Will the world, the IMF, World Bank accept this legal tender implementation in El Salvador?

Will they easily to let El Salvador do what they want with Bitcoin?

I believe those organizations and big nations will try to do something, to challenge the legal tender process because they're aware that Bitcoin will make their fiats and CBDCs look worse.

[ChiBitCTy]

I am not sure whom the next country will be to start accepting bitcoin as legal tender but whomever it is will be a trend setter just like El Salvador and it will only even more so legitimatize bitcoin and cryptocurrency as a whole.  I can't wait to start to see the dominos fall of countries starting to use bitcoin as legal tender.  I think it's only a matter of time before others fall on board. 

[BOAEDAN]

I've read some media, which says there are several countries that want to legalize bitcoin, including small countries, such as Central America, while developed countries like Europe have no plans to legalize bitcoin, only small countries want to legalize bitcoin, but it's just a draft, so if for now there is no country that has followed the steps of el salvador..

[bryant.coleman]

I've read some media, which says there are several countries that want to legalize bitcoin, including small countries, such as Central America, while developed countries like Europe have no plans to legalize bitcoin, only small countries want to legalize bitcoin, but it's just a draft, so if for now there is no country that has followed the steps of el salvador..

Form the mainstream media, I have heard rumors about the following countries (listed in the order of most probable to the least probable):

1. Panama
2. Malta
3. Paraguay
4. Venezuela
5. Nicaragua
6. Argentina
7. Brazil
8. Cyprus
9. Mexico

For Panama, check this article:
https://finance.yahoo.com/news/panama-touts-bitcoin-ethereum-crypto-132554068.html

Unfortunately, almost all of these countries are located in Latin America (with the exception of Malta and Cyprus). Asian nations remain hostile to Bitcoin (including the two most populous ones - India and China), and although larger EU nations such as Germany and France are more pro-Bitcoin, gaining status as legal tender is a long way off.

[isaac_clarke22]

Well there is no indication that what country will be the next actually, OP. It will be like it got reported before you can even know it.

As for Serbia possibly legalizing Bitcoin, there are still no news yet nor proposal so far.
This is what I got so far: https://www.globallegalinsights.com/practice-areas/blockchain-laws-and-regulations/serbia

If you read it, there were proposals for now.

[adeyemirichard71]

Actually I'm also hearing that Paraguayan companies were now embracing cryptocurrencies, Entrepreneurs and investors looking at Paraguay for the first time.
As well as introducing measures to make Paraguay a hub for foreign crypto investors, the draft legislation this is really a good news to the country.

[jakdanyel]

I think that the next country to make Bitcoin legal tender is Cuba. I have already seen some news about it that Cuba is preparing to accept payments with Bitcoin. Maybe after some time passes, they can also make such move like El Salvador did recently. And many Latin American countries seem like they can really do this one by one. Especially these countries are very interested in this and following El Salvador's process closely.

[Sithara007]

Actually I'm also hearing that Paraguayan companies were now embracing cryptocurrencies, Entrepreneurs and investors looking at Paraguay for the first time.
As well as introducing measures to make Paraguay a hub for foreign crypto investors, the draft legislation this is really a good news to the country.

There was a lot of hype regarding one of the crypto bills in Paraguay. But after the bill was introduced in the parliament, many of the experts claimed that it was disappointing for the cryptocurrency industry. My next hope is on Panama. There is a good chance that they will make Bitcoin as legal tender sometime soon. But I expect a more cautious approach from the other countries. In El Salvador, the implementation was done in a matter of 1-2 months, and there was not enough time for the industry to make the necessary arrangements.