How many countries adopt Bitcoin as legal tender in 2024?

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?