Hello Friends,
Bitcoin is gaining popularity worldwide and some countries are doing well in the crypto world. A country known as El Salvador has done some fantastic work in the past and even now they are setting up the example. This is the first country that has declared Bitcoin as legal tender in the country which is a big move for any country to initiate. But this country has done and it's been a few years but they are still loving Bitcoin and they are doing a lot to increase Bitcoin adoption and use a case in the country.
Now this country El Salvador has launched Bitcoin certifications for civil servants and this is how they are planning to keep their people aware of Bitcoin. I think that this is another big move taken by the country to spread more knowledge and awareness among people who are part of the government and their civil servants. This is one of the examples that many other countries can also follow and enter Bitcoin with full momentum.
The Bitcoin-friendly Central American nation has launched a training program for public servants to impart knowledge about the strategic management and public policies around Bitcoin.
Knowledge is very important and if we are expecting the mass adoption of Bitcoin and crypto then we also need to understand that more people need to learn about Bitcoin and how it works. With more knowledge, we can surely bring poor people into the crypto space and that is what El Salvador is trying to do. Other countries like Dubai are also doing great in the crypto space but there are countries like China and India that are not at all interested in crypto at least at this point.
It will not be a surprise that El Salvador must be building a big holding of Bitcoin as a reserve for the long term because they know that in future the value of Bitcoin will appreciate a lot. When the price goes multi-fold from here even the current price will look low and highly discounted but the problem is many countries are not paying attention to Bitcoin.
Conclusion
We must appreciate what El Salvador is doing to bring more value to crypto. I hope someday the Indian Govt also start thinking the same way as El Salvador did and if it happens then for sure is going to be bigger and this will also help a lot of people in India to be part of the Crypto Journey. It is a revolution that people need to understand as early as possible which can benefit the country in the long run.
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