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We do NOT need governments to declare Bitcoin legal tender

Bitcoin Reddit

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Money is whatever we decide it to be. If businesses all around the world simply start accepting bitcoin as payment, then the state as we know it would slowly die.

Bitcoin education is much more important than it being legal tender. I went to El Salvador and most people there didn't understand Bitcoin. They were reluctant to accept it as payment. The vast majority preferred dollars.

Making Bitcoin legal tender can certainly speed up adoption, but it is not needed. Bitcoin can take over the world without it ever being declared legal tender by big countries.

I'm from Latin America. Politicians and economists over here are ABSOLUTELY CLUELESS. There is no chance of Bitcoin being declared legal tender anywhere in Latin America the way it was done in El Salvador.

No chance.

Zero.

Nayib Bukele is an exception. He's the only president in the world who's not only a bitcoiner, but also had the power to make bitcoin legal tender without any obstacle in congress.

All these attempts at "legalizing" bitcoin from countries like Paraguay or Mexico just goes to show you how lame and clueless politicians really are. We do not need them.

All we have to do is save in Bitcoin. And if we have a business, put up a sign or post that says "We accept Bitcoin here".

That's it.


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