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Cryptocurrency Adoption in Developing Countries: A Financial Lifeline in Times of Economic Instability

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by COINS NEWS 48 Views

Cryptocurrency Adoption in Developing Countries: A Financial Lifeline in Times of Economic Instability

“Overall, cryptocurrency adoption is increasing rapidly in developing countries facing economic instability or hyperinflation. Cryptocurrencies are providing a number of financial solutions and stability to people in these countries, including acting as a store of value, medium of exchange, and remittance tool.”

I am from El Salvador and even tho bitcoin is legal tender since 2 years the adoption is really slow. I read in the article and I am trying to understand how is the adoption in developed countries so far, is it increasing fast? Is people accepting the idea of crypto in daily life in the coming years?

submitted by /u/changhuanese
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