Kazakhstan near to legalize Bitcoin

[Yugocean]

Kazakhstan's government is facing Russian immigration due to ongoing war between Russia and Ukraine. To avoid getting involved,
Millions of Russian entred Kazakhstan and millions are in line to enter. Kazakhstan will face ecomic problem if situation is not controlled. The best solution anyone can give is Kazakhstan will legalize Bitcoin. Russia itself is surviving all sanctions by adopting BTC and other cryptos, Ukraine too is using crypto for its protection. Kazakhstan too will able to save itself in current situation.

 

[Enxx]

I have always said it that countries don't have any other options than to accept cryptocurrency. Now many other countries will join

 

[Yugocean]

I have always said it that countries don't have any other options than to accept cryptocurrency. Now many other countries will join

Countries have options, but they don't have courage. Look at India, govt is discouraging , yet with courage the Govt is trying economic reforms. Cryptos due to popularity and being codes cannot be controlled.

 

[Efelexy]

Countries have options, but they don't have courage. Look at India, govt is discouraging , yet with courage the Govt is trying economic reforms. Cryptos due to popularity and being codes cannot be controlled.

That is why countries mostly don't subscribe to using cryptocurrencies as their legal tenders because they can not control the technology and this scare them greatly.... Lolzzzz . Nice post Mate. Cheers .

 

[Nomad]

What will be the value of fiat currency, a government-controlled currency, when all people start using crypto? Wouldn't this become a threat to the economy?

 

[Lens]

What will be the value of fiat currency, a government-controlled currency, when all people start using crypto? Wouldn't this become a threat to the economy?

Legalizing bitcoin does not affect the Fiat currency. In fact, both the Fiat currency and bitcoin are guaged using the US dollar.