Someone has to be first and I guess President Nayib Bukele has decided it’s going to be his central American nation of El Salvador.
This is a very significant moment in the bigger picture for Bitcoin (and likely other cryptos to follow), as it gets an official nod of acceptance from a sovereign country. Which country will be next? My guess is another LATAM country, potentially one who trades with El Salvador.
African countries are right around the corner as well. No doubt, BTC is going to change the dynamics for many economies and many people, especially nations with significantly degraded fiat currency. Exciting times
