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"Some countries will leverage BTC as their primary currency of choice. With fixed circulation, ease of transfer, it will serve them well to move to a "bankless" model inherent in this ecosystem," Joseph Raczynski, a Thomson Reuters technologist and futurist, said in Finder.com's report. He expects by 2025 for bitcoin to overtake fiat currencies and, by then, it priced to be $150,000.
El Salvador is breaking ground with its move in
becoming the first country to adopt bitcoin as legal tender. Usage will begin in September following approval by lawmakers in June. 55% of the panelists think bitcoin will become the currency of choice in developing nations, with Finder.com asking them about bitcoin's use in such countries specifically in light of El Salvador's action and as Venezuelans use bitcoin as a way to beat hyperinflation.