Could a country abandon their currency and declare BTC as their official currency? Hypothetically of course.
Well, probablyEl Salvador, I think, has also included BTC as an official currency
>>59135681Yes but the banking cartel jews will send their glowies and infiltrate your government to overturn it lol.
>>59135716That works if like one or two tiny dictatorships are doing that at a time. What if 9 significant economies did that at the same time?
>>59135724>9 significant economiesThey wont, because they all serve and do their masters bidding (banking cartel jews)
>>59135681sure but the personal benefits from the fiat ponzi are hard to resist for the average bureaucrat
>>59135681You'd have to do a buy back of the original currency unless you're happy with civil unrest
>>59135681No. The only purpose of declaring something your currency is to benefit by running its printer. Without that, you just let the people use whatever money they want.
>>59135681Doubt. But they could and will abandon cash and implement cbdc
>>59135787The money of a big country like India, Brazil or Russia will hyperinflate. People wont have more savings in the official currency.
>>59135681Yes, but there's honestly not enough Bitcoin to go around.
>>59135681Tuvalu did so but the entire island has only 0.134 BTC, whic is even less than I own
>>59136376That’s the exact amount of BTC I have. I have the wealth of an entire country.
