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RE: The American big banks tried to kill Cryptocurrency and failed, now they are embracing it (November 2, 2021)

in LeoFinance3 years ago

Yes, let's work for that trend to extend to many countries! Isn't there a "HBD for retail" adoption project? (I remember that a series of Steemit users were promoting the Steem & SBD as daily means of payment, some years ago, and they've most probably converted into Hivers, now 😊). Another path is to use @brianoflondon 's great Hive dApp to instantly swap Hive or HBD into satoshis, and to look for shops accepting Lightning Network in Wyoming - or to propose them to accept it 🙃.

True, there are tough ordeals coming for us, but at the same time the support generated from crypto communities, in particular from Hive (LeoFinance, OCD, etc.) will play a crucial part in our resistance.

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I wish some other countries like Panama and Ecuador would jump on the cryptocurrency bandwagon and start moving away from the dollar. The more countries do it the better. The US can't invade everyone.

True! Several countries could do it in the short term, and adopt what Mark Goodwin calls the "Bitcoin dollar" (

The ones I'd see shifting the most easily are Argentina (because its peso is hugely devalued compared to the dollar) and Russia (to minimize the political sanctions impacts and to boost their economy).