Bitcoin May Be Adopted Across More Countries By 2022 -Fidelity Investment

The report, published by Fidelity Digital Assets, a subsidiary of Fidelity Investments, forecasts that more countries will adopt bitcoin this year.

Published by Fidelity in early January crypto trend and future effects in the report on the adoption of cryptocurrencies subject was also included.

The report states that banning cryptocurrencies last year Chinese and accepting bitcoin as legal tender El Salvador He also discussed the important initiatives of some governments around the world regarding cryptocurrencies.

Fidelity, which thinks that which choice will be better for the countries in the future will emerge over time, related to the subject in the report;

A complete ban would be difficult to achieve at best and, if successful, could result in a significant loss of profit and opportunity.

made statements.

Bitcoin adoption competitiveness of countries investing in bitcoin today in a scenario where advantage Stating that they will achieve Fidelity,

Therefore, even countries that do not believe in the investment thesis and adoption of bitcoin will have to invest in bitcoin as a form of insurance.

made statements.

In addition, Fidelity, which thinks that countries with the risk of paying higher costs in the future, can eliminate this risk at a lower cost now. In 2022, other countries will buy bitcoin and even a central bank will invest in bitcoin. He said it wouldn’t be surprising.

President of El Salvador last week Nayib Bukele this year of the two countries more will accept bitcoin as legal tender predicted, CEO of Devere Group Nigel Green if 2022 in the year of the three countries more accept bitcoin as legal tender He said he was waiting.

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