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Author Topic: Bitcoin as Legal tender plan by Fiji's new prime minister  (Read 226 times)
stompix
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December 30, 2022, 07:39:40 PM
Merited by BlackHatCoiner (1)
 #21

[...]
Lol. You're ridiculing every thread with legal tender as topic. Every single time.  Tongue

Well, there is this one...and I learned my lesson!

I always find myself in a conundrum with these, my instincts scream it's going to either be fake or a fail, it's obviously good news, it has to be done, it will probably be done sometime somewhere but at the same time I really hate what comes after it, people that have no clue about the said country will start claiming stuff like Salvador will be the richest in the universe, that somehow the laws of economics will be shredded and glued together in another way, to the point that I end up hating more the outcome that I yearn for it, so I end up like this, basically typing against something I actually wish for.
And as a side note, I should always make my reading and posting in the morning, definitely!  Cheesy




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serjent05
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December 30, 2022, 10:11:15 PM
 #22

This is another good step for Bitcoin.  It doesn't matter if the country is small, as long as there will be many of them in the future, it will turn out to be huge in the end anyway.  So having 1 small country at a time is what Bitcoin needed for its propagation.  Little by little the foundation of Bitcoin is getting stronger which in turn will bring more demand and establishment to its market.  Hopefully this country isn't after for profit that tax can bring them but rather to integrate Bitcoin into their financial system.
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December 31, 2022, 11:25:48 AM
 #23

This is another good step for Bitcoin.

Did you read anything other than the title? The whole news is based on a rumor launched by a retired politician from Tonga who believes that a politician from another country is interested in Bitcoin. This whole idea of Bitcoin as legal tender is completely misinterpreted, because the thing is that this "legality" does not help in the way that most people think.

All that is needed is to enable people to pay with Bitcoin if they want to, no amount of force and legalization will help Bitcoin to be more widely adopted in society.

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Spaceman1000$
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December 31, 2022, 12:20:02 PM
 #24

From the article I read,  The bill is still in process at the parliamentary Level, if they finally sign it into law, that will be a big plus to crypto market. I Believe it will help them, in the international business trade market and Also ensure ease of doing business.

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December 31, 2022, 04:27:14 PM
 #25

Well, there is this one...and I learned my lesson!

I always find myself in a conundrum with these, my instincts scream it's going to either be fake or a fail, it's obviously good news, it has to be done, it will probably be done sometime somewhere but at the same time I really hate what comes after it, people that have no clue about the said country will start claiming stuff like Salvador will be the richest in the universe, that somehow the laws of economics will be shredded and glued together in another way, to the point that I end up hating more the outcome that I yearn for it, so I end up like this, basically typing against something I actually wish for.
And as a side note, I should always make my reading and posting in the morning, definitely!  Cheesy

Welcome to the bitcointalk forum. Where people posting in Bitcoin telling people what they should do probably don't own or use Bitcoin. Where people posting in gambling forum probably never placed a bet in their life with Bitcoin Wink Where people praise everything if it seems remotely good.

Just like in real life Wink

I am always grateful for people sharing info though. What comes after that you cannot predict or prevent.

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