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RE: Report from El Salvador #2 : Building a BTC Nation beyond the State’s custodial app & KYCd userbase

in LeoFinance3 years ago

Exactly! BTC and some of the cryptos I use to name "autonomous" (most of them being generation 1 or generation 2 cryptos, the ones that didn't need an ICO or IEO to be created, lol) have the potential to be used first as second or third currency in many countries, and maybe later on to remove fiat currencies :-)

Although my prevision is that we'll first suffer some years of backlash, with more States forbidding cryptos and imposing their CBDCs.

Which country do you live in, @williamtboy ?

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Thank you.I'm staying in Nigeria

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