Which country will first enter the multi-trillion bitcoin adoption race?

While institutional investors and large corporations increasingly adopt bitcoin, emerging economies can still gain a first-mover advantage in building a bitcoin centric economy.

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“To summarize, India is on the verge of banning a trillion dollar industry instead of using it to strengthen its national security, economy, currency, technology, and foreign policy.”

While Switzerland and Liechtenstein remain very good examples for what can be achieved by embracing cyptocurrencies, emerging economies have to adopt a much more thorough and aggressive path which will deliver even more gains to their economies and societies. They should make bitcoin the foundational digital store of value upon which their digital monetary system will be built. At least — in addition to being sound money — bitcoin is both no one´s and every one´s money and it does not carry geopolitical bias nor risk.

Further readings:

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