Will it be possible for Bitcoin to be like other national currency?

tylerwinklevoss
2022-10-21 08:54:40

We see Bitcoin as the world leading currency in the crypto community, looking at it's high value and popularity will it be possible for Bitcoin to become one of the world currency. Like will it be possible for Bitcoin to be seen, felt, owned and even carried around like the US dollar or any other national currency.

elandicaprio
2022-10-21 08:55:30
Correct. El Salvador has decided to make BTC be a legal tender there. So, surely BTC has become a national currency, the same as other national currencies. Even, it is already used as a payment tool internationally. However, there are still many issues related to the use of Bitcoin as a currency. In some countries, it cannot be allowed as a currency because it doesn't fulfill some criteria expected by the government.