Advertisement 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.
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