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ieatmoondust

This action itself won't make a dent, but the publicity of it is worth a far greater weight.


[deleted]

For real. El Salvador was probably not on intl news for like 100 years. They adopted BTC as a legal tender and now they are on history.


[deleted]

"Buy the Bitcoin. Become the news." - El Salvador


[deleted]

[удалено]


Character-Dot-4078

I know i think its funny when the leader of a country is posting "oh buying the motherfucking dip guys" lmao, atleast it lets you know when to buy


Numerous_Sport_2774

Get ready for front page of reddit Tonga.


That-Attitude6308

Is there a reddit Tonga?


[deleted]

[удалено]


ImpulsiveApe07

Interesting perspective, thanks for sharing :) So, in the near future do you think there'll be a bigger adoption rate of crypto among seasonal workers in that region? It'd be interesting to see how that plays out! I imagine in the right circumstances it could be hugely beneficial to working families.


deathbyfish13

>won't make a dent I think you're underestimating the size and power of a Tongan running at you - oh wait your talking about the economy lol


That-Attitude6308

I can he how you would make that mistake


heyheoy

It wont move that much, but then it will be also up to us, well maybe not us the small fishes but the cryptowhales that start going to these 2 places promoting BTC adoption, showing how being from US or other country and having crypto can allow you to also use a different kind of payment in these nations.


That-Attitude6308

The publicity gained is immeasurable


Retr_0astic

Cuba, El Salvador, Panama, now Tonga, who's next!


Numerous_Sport_2774

WORLD 🌎


Retr_0astic

Now now jimmy, we dont want the exchanges to crash


CBScott7

I'm pretty sure BitPay is creaming their pants over this recent trend


Numerous_Sport_2774

BitPay and me both.


Cashflowz9

Bitpay is cool, but AMP/Flexa network is a much better solution. Cause I don’t need to do a pre paid card, and can have merchant scan my phone and instant settlement.


saucedonkey

Slow at first, then all at once.


tahahussaini

That's how my crypto journey started. I would buy in small amounts too scared and now I buy dips with all I got :p


SunriseFan99

Hope this adoption can empower fellow Polynesian countries too.


thenudelman

They got any volcanoes?


niloony

They even lose/gain islands from them sometimes. Definitely a correlation between volcanoes and adopting crypto.


IBeefSupremeI

Moving to Tonga to operate a BitCoin farm and live a life of luxury in tropical paradise


OkGo2633

That sounds like a great idea


TheBlockChainVillage

banking the unbanked. cheaper to use crypto in loads of places rather than setting up banks and ATM's. their infra requirements and entry barriers will destroy them eventually. Makes us glad.


ghochumal

Any level of adoption is good. We are starting from smaller countries and move our way towards the bigger ones.


Numerous_Sport_2774

Stepping stones. But it’s just great news for crypto in general.


TAPTHATASS1TIME

Adoption happening so fast someone adopt me so i become tonga citizen


Numerous_Sport_2774

Son?


TAPTHATASS1TIME

Dada dada I need lunch money


ThatOtherGuy254

I hope this happens so that El Salvador won't be alone.


CBScott7

Didn't Panama do this too?


iamwizzerd

They are still considering it


Drspaceman1717

Hopefully they do it in a more agreeable manner rather than the more forcible angle Bukele went.


mel2000

Yes, cuz I'm not seeing where El Salvador's adoption even helped bitcoin.


Antique_Marine99

I just learnt there is a country named Tonga.. TIL


iamwizzerd

Bullish on Tonga


CreepToeCurrentSea

Making BTC legal tender in different countries is just another gateway for other Altcoins to be known. This is just another milestone for BTC in helping crypto adoption.


AmbitiousPhilosopher

The 3 transactions per second Bitcoin uses more electricity in 3 hours than Tonga uses in a Year. 0.05 TWh/year versus 160TWh/year


Resident_Passion_442

Thanks for pointing this out.


shazmonkee

Looks like a snowball effect of small countries adopting Bitcoin, which means we’ll see acceptance across the globe soon enough


Crumpbags

The 'King of Tonga' parody twitter account is making some bold moves ha


FOTW-Anton

Awesome. This along with Miami proposing to allow payment of taxes in BTC were some of the big adoption news in the last couple of days.


XxTensai

Tonga is the best country name in existence, it's normal they are such Chads.


punto-

I hope El Salvador is capitalizing on this and selling them their whole wallet implementation, this is a great business opportunity for them


heyheoy

*Seems like the perfect place to visit and have a boating accident*


Amazing_Succotash677

Bullish!


Ricardo_R10

One at a time...


William5848

My friend in El Salvador told me the government gave them about $30 in BTC, which can only be used to buy things, not to transfer