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Why Do Many Countries Recognize Crypto as a Means of Payment?

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Currently, we recognize crypto not only as an investment and trading instrument, but we also know that several countries have recognized it as a means of payment, such as Japan, Germany, several cities in Switzerland, the Central African Republic, El Salvador, Venezuela, Colorado, Florida, Ukraine, Singapore, and Bali (Indonesia), among others.

I believe that countries recognizing crypto as a means of payment are addressing the limitations or constraints of the traditional financial system. What do you think?
 
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