Certainly, the adoption of El Salvador was a huge milestone, not only for Bitcoin maximalists, but for the crypto community in general. If you had predicted just a few years ago that a sovereign state would adopt Bitcoin as a legal means of payment in 2021, you would probably have been called crazy.
Well, times have changed. In recent days, there has been an increase in rumors that Honduras could follow. However, this is just speculation so far. digital news had reported that the president of Honduras Xiomara Castro had already spoken in favor of the adoption of Bitcoin. She is quoted as follows:
We must not allow El Salvador to be the only country to escape the hegemony of the dollar. Honduras has the right to approach first world countries
President Xiomara Castro, Source: Digitnews
There is no official confirmation from the states yet. However, well-known Bitcoin journalist Max Keiser posted a Honduras flag with the caption “It’s happening…” on his Twitter account on March 18 (see below). The American has now achieved cult status in the Bitcoin community. Even if Keiser isn’t entirely undisputed, he was absolutely right in forecasting him in recent years. Keiser is also well networked in the region and advises, among other things, the president of El Salvador, Nayib Bukele, in the implementation of the so-called “Volcano Bonds”. Among other things, Bukele wants to use these to finance Bitcoin City in the country – reported BTC-ECHO. So it is quite possible that he already has more information about a possible successor.
Is the stone rolling now?
So far, though, it’s just rumors and speculation. However, a Bitcoin adoption by Honduras could benefit from tourism there. According to the responsible minister, tourism in El Salvador has increased by 30 percent since Bitcoin was legalized – it was reported. In the Bitcoin community, however, it is to be hoped that the other candidate will eventually get the kick-start and that even larger industrialized nations will one day not be able to avoid declaring Bitcoin an official means of payment.
Meanwhile, today, Tuesday, March 22, Malaysia also came into the spotlight on the crypto scene. A local newspaper reported that Communications Minister Datuk Zahidi Zainul Abidin wants to legalize various cryptocurrencies as a legal means of payment. More on this here.
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