{"id":11507,"date":"2024-04-22T09:43:48","date_gmt":"2024-04-22T09:43:48","guid":{"rendered":"https:\/\/www.sos.cryptobel.be\/docs\/bitcoin-as-a-national-currency\/"},"modified":"2025-02-05T14:49:42","modified_gmt":"2025-02-05T14:49:42","slug":"bitcoin-as-a-national-currency","status":"publish","type":"docs","link":"https:\/\/www.sos.cryptobel.be\/en\/docs\/faq-web3\/cryptocurrencies\/introduction-to-cryptocurrency\/bitcoin-as-a-national-currency\/","title":{"rendered":"Bitcoin as a national currency?"},"content":{"rendered":"\n<ul class=\"wp-block-list\">\n<li>It depends on what part of the world you&#8217;re in&#8230;<\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li>In <strong>Japan<\/strong>, digital currency is already being used in high-tech stores such as Mediamarkt, Coolblue, etc&#8230;<\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li>In <strong>El Salvador<\/strong>, bitcoin is already recognized as the national currency!<\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li>In <strong>South America,<\/strong> for example in Argentina and Venezuela, inflation has become so high that citizens are using cryptocurrencies to pay merchants! This shows that when a country&#8217;s economy fails or can no longer play its role, alternative means must be found. <\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li>In <strong>Europe<\/strong>, as in <strong>North America<\/strong>, cryptocurrencies are considered risky investments due to their volatility. However, it&#8217;s clear that these assets are beginning to appeal to the European and Belgian population (over 500,000 Belgians own at least one cryptocurrency and 6.5 million in France source ADAN ). <\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li>In <strong>Asia<\/strong>, they are starting to become privileged assets, but in underdeveloped countries, the population on the poverty line still doesn&#8217;t have access to them.<\/li>\n<\/ul>\n\n<ul class=\"wp-block-list\">\n<li>In <strong>Africa<\/strong>, a few countries such as Nigeria<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"parent":11526,"menu_order":5,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-11507","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin as a national currency? 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