Is The World Ready to Use Bitcoin as a Legal Tender

[Nomad]

In the past couple of years we have seen Bitcoin being used as a legal tender in a couple of countries. We have also see countries doing international business through Bitcoin because of trade embargo or sanctions. Bitcoin has proven to be very useful in the countries where war is ongoing. Do you think the world is now ready to adopt bitcoin as a legal tender? Or do you believe the world is not yet ready to use crypto as a legal tender?

 

[Suba]

Although currently many countries have adopted Bitcoin as legal tender such as Liberland, the Kingdom of Bhutan, El Salvador and the Central African Republic, but I think the world is not ready to adopt Bitcoin as legal tender, in some countries in Japan, the US, Abu Dhabi etc., shops may not accept Bitcoin as a means of payment.

 

[riberet19]

Bitcoin still has too high fees to be considered legal to tender, not even the lightning network works perfectly today.

 

[Min George]

The world is yet to get a full grasp of how the crypto world works and that is why I think it is not yet ready for airdrops.

 

[King Belieal]

With the limitation of the number of transactions that the bitcoin network can process per time, it won't be a good experience if bitcoin is adopted mainstream now.