 The Pacific Island countries of Fiji and Tonga are considering making bitcoin legal tender. If this 2 countries move forward with legislation regarding the topic, they will follow El Salvador, which already did it in 2021. Small countries may be the ones able to take the lead, slowly, bigger countries may follow until a critical mass is achieved. Hopefully, this happens before CBDC's. For further information, read this [article](https://bitcoinmagazine.com/legal/fiji-prime-minister-bitcoin-legal-tender) ###### This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.
| author | marcusantoniu26 |
|---|---|
| permlink | news-and-opinion-december-29-2022-fiji-and-tonga-considering-making-bitcoin-legal-tender |
| category | hive-167922 |
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Small countries are looking for a stable currency. Bitcoin has suffered some wild fluctuations this year, so I am surprised that it still is under consideration.
| author | methodofmad |
|---|---|
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