How many countries adopt Bitcoin as legal tender in 2024?
34
2.9k
2025
73%
0
23%
1
3%
2
1.7%
3+

At present, El Salvador and the Central African Republic (CAR) are the only two countries in the world where Bitcoin functions as a legal currency.

How many more will classify Bitcoin as legal tender in 2024?

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bought Ṁ50 3+ NO

Why is 3+ so high? What are the 3 countries that could adopt bitcoin in the next 7 months?

@mistersplice adds up perfectly. If there is only 23% chance that a single country adopts Bitcoin per year, after 6 years there is 78% that at least one does. In fact, that would imply approximately 67% after 1.5 years, pretty close match to this market here. 3 countries is wildly overrated though.

I think the hype around crypto very abruptly died off in 2023. VC investments in crypto are down 98% (!!!) from last year. Therefore, there is 0 point for a country to do the crypto hustle. It will obviously not be used practically as a legal tender, as numerous testimonials confirm nobody actually uses it in El Salvador. The only point in such a move is to attract FDI, but that is unlikely to work in 2023.

@PeterBuyukliev bitcoin =/= crypto

@mistersplice well that is a huge surprise, particularly to all the Bitcoin holders. Say more

@PeterBuyukliev Bitcoin is the important discovery. 99% of the other tokens are a waste of time and effort. It’s not a myspace/facebook situation, it’s more like the internet. Do you think it’s possible for someone to create another internet that will absorb all the traffic from the current one?