The World is Gradually Recognizing Crypto Currencies.

[Fivestar4everMVP]

Yes, it is Gradually happening, crypto currencies are gradually taking over, governments of many countries are beginning to see that this is a revolution that can't be stoped, and they have to move along with it else, they will be left behind.
Several countries of the world are now taking the center stage in the Cryptocurrency because the next reserve currency will be BTCitcoin, like it or not, even take it to the bank.

I want to personally urge everyone here to get really serious in Cryptocurrencies now, if you have a business, start accepting cryptocurrencies of your choice as a means of payment for your goods and services (I've started accepting crypto payments in my wine shop), you can do the same beginning from today, learn day trading if you don't know how to, cus very soon, the currency traders  will transit from forex trading to crypto trading, the earlier you get involved, the better you will you be positioned for what's coming, make sure to have short & long term investments in Cryptocurrency just like you do with real estate/land investment, because Cryptocurrency is the future of Money. We that are here now are lucky to be in it this early.

The Russian rubble (as well as many other fiat currencies of the work) have been on a steady decline since the past five years, no wonder Russia is now looking to turn to BTCitcoin for help.



Meanwhile on the other hand, BTCitcoin has been on a steady rise in the past five years, BTCitcoin is the digital Gold.

[Beerwizzard]

The Russian rubble (as well as many other fiat currencies of the work) have been on a steady decline since the past five years, no wonder Russia is now looking to turn to BTCitcoin for help.

Sounds like you truly believe that price increase is the main purpose of currency's existence. Believe me or not, but it is not true and these monetary things are a bit more complicated rather they seem.

Meanwhile on the other hand, BTCitcoin has been on a steady rise in the past five years, BTCitcoin is the digital Gold.

Wrong timeframe, dude. If you switch to 5y timeframe you are talking about, then you'll see a picture that reminds a rollercoaster.


P.S. News from russian prime minister are most likely fake.

[Upgrade00]

Recognition of Cryptocurrencies has been on the rise for many years now, with greater adoption and usability; Governments getting involved is just an effect of the growing adoption.

Several countries of the world are now taking the center stage in the Cryptocurrency because the next reserve currency will be BTCitcoin, like it or not, even take it to the bank.

Bitcoin could very well become a global reserve currency in the future, I'm not positive if it will be the next as such developments take lots of time.

[darkangel11]

Wrong timeframe, dude. If you switch to 5y timeframe you are talking about, then you'll see a picture that reminds a rollercoaster.


P.S. News from russian prime minister are most likely fake.

A rollercoaster ends up where it started. It cannot keep going up. Bitcoin on the other hand goes up and down, but every drop ends higher than the last one and very top is higher. It's more like a ski lift that takes you up the mountain.

Russia is in real trouble now, in a state it hasn't been since the last world war. Most of the progress and investments that the West made since the fall of communism are now gone. It wouldn't be super weird if they turned to digital currencies to circumvent some of the sanctions. Since they don't want to end the war in a defeat they will have to do some creative economy. If I were them I'd go to extremes to invite foreign capital like 0% tax, bulk deals and so on. The whole country has to become a bargain, like a shopping mall on sale, or it's not going to last a year.

[carlfebz2]

A rollercoaster ends up where it started. It cannot keep going up. Bitcoin on the other hand goes up and down, but every drop ends higher than the last one and very top is higher. It's more like a ski lift that takes you up the mountain.

Rollercoaster type indeed which is the most precise and nearest thing for it to be picture out on how this market looks like or simply this would really be a bumpy ride.News about acceptance and recognition is becoming

more rampant or totally different rate compared back in the past which does indicates that we are really moving forward even though price isnt something that do follows on the trend

but whats important is that it do really gets recognition on which it  did come to the point that a particular place do make out Bitcoin as a legal tender ex. El Salvador.
On crypto as a whole then it isnt surprising that we would reaching this far.

[davis196]

The news about the Russian prime minister are fake.
OP,what you are talking about is just wishful thinking.
NO big and developed country in the world is going to make Bitcoin(or any altcoin) a legal tender.
El Salvador is not a big and developed country.Maybe other small and underdeveloped countries could accept BTC as a legal tender.Good for them,there's nothing wrong with that.
The big and developed countries will stick with fiat money and replace fiat with CBDCs.Period.
They might let the people use cryptocurrencies,but only under heavy regulations(like making the usage of custodial wallets/exchanges mandatory). Using non-custodial wallets and decentralized exchanges might become illegal in the future.
Comparing Bitcoin with the Russian ruble is nonsense.