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Author Topic: List of countries that are encouraging the Bitcoin/Altcoin revolution  (Read 184 times)
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February 20, 2023, 04:03:30 PM
Merited by fillippone (2)
 #21


Russia and El Salvador are from a different continents, however, they know its necessary for them to use BTC and altcoins.
Hongkong should be one. although it's not a country but as of this moment they are already making a fuzz making Chinese altcoins pump high.

This has seen investors rush into 'Chinese coins' on the back of growing macro sentiment surrounding regulatory easements for crypto in Hong Kong (VASPs) and the Chinese government's teasing of imminent quantitative easing.

some other news. https://u.today/chinese-coins-narrative-gains-steam-check-out-these-altcoins









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February 21, 2023, 12:14:08 AM
 #22

I think giving some reasoning for your list (and other lists being shared here) would be better instead of just listing names. If we want to be stricter we also need to make a standard on what do we mean by encouraging revolution. Does doing research on cryptocurrency technology counts? Does having an education program focused on crypto count? What is on the opposite end of encouraging the revolution, is it banning Bitcoin from being traded, or blocking any access to crypto information such as Bitcoin whitepaper? Etc. If there is no clear line then everyone will arbitrarily agree on one thing and disagree on the other. So far though, what I can see is that most of us seem to limit the encouraging part from a trading/sale perspective.

-Indonesia 1
1. https://bitocto.com/
I think your article code is broken. You probably want to add the title instead of the URL of the publisher. That aside, that article basically claims that it is easier to increase the numbers of crypto users in Indonesia because people spread the news quickly and most people are eager to try crypto since there is a lot of credit that they can use to trade/buy it. It is implied that the regulation is not that strict and people can trade crypto easily. A lot of countries can fit this standard IMO, not only Indonesia.
so true. adding a reason would indeed make it all the more understandable.

like me who listed Nigeria because I read a lot about the rapid progress there regarding crypto and digital money. even Nigeria was also one of the countries that first launched the digital currency naira (eNaira/cbdc). doesn't that mean blockchain knowledge there gets more attention. I even read in the news that (at the end of the article)"the Central Bank of Nigeria has also joined the list of emerging markets which are also betting on crypto assets in a bid to reduce transaction costs." (sourch)

 I think the future of crypto there is very bright. even in nigeria there is already some kind of nigerian blockchain association. which also played many important roles such as in introducing a code of conduct for virtual asset service providers (VASPs) there. ( Sourch)

while in Indonesia I also see a lot of government attention to the crypto space and the progress of the digital era is very high. Even the tax rate for crypto assets in Indonesia seems quite light. and there are even educational programs there, both related to blockchain and crypto, which were created to educate the people there to be more knowledgeable about crypto. and that is a form of government attention to its citizens which is considered a positive sign for the future of crypto there. but I think you know more about this Indonesia. so please correct me if wrong.

and I thank you for your correction regarding my mistake in writing the source link in my previous post. i have fixed it.

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