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Bitcoin Adoption Around the World
The governments realized that Bitcoin and cryptocurrencies are here to stay. Thus, some of them decided to adopt it quickly whereas the others saw the crypto ecosystem as a threat against their authority on the supply of money.
The rationale behind the crypto ecosystem is absolute independence from the influence of some parties' decisions on our financial future. On the other side, the authority figures of the current financial system do not want this revelation to happen.
In developing countries, the integration of blockchain technology, and cryptocurrencies, takes place at a relatively high pace. The loss of value in the fiat currencies and the growing popularity of online / QR based payment methods opened the door for crypto to be used in daily lives, as well.
Meanwhile, the central banks run their tests in intra-chains to assess the applicability of the blockchain-based stablecoins. For instance, Philippines took a firm step and started to test stable Peso for the future.
Many futurist economists believe that the future of money will be built on two things, globally accepted Bitcoin standards and the stablecoins of fiat currencies.
As the national currencies are dealing with the high inflation of money since the pandemic, the balance in the economies has been broken. Thus, the new standards need to be found to escape from the risks that individuals and companies face. Meta Planet chose the way of Macro Strategy to use the power of Bitcoin to secure the finance of the company.
The smart move by Meta Planet is worth millions of dollars and the real value of it will be understood in the near future. Meanwhile, the bridges between the real world economy and the crypto ecosystem have gotten stronger in time. AnyAlt Finance's fiat gate enables new crypto projects to be invested by everyone with fiat money with simple steps.
One way or another, the new world has become a part of our lives. Web3 platforms, projects, and conferences are taking place all around the world. Meanwhile, the strong projects find a place for themselves to attract more people to themselves for the future. This is what Hive has done since the beginning. Strong connections of Hive in several Web3 conferences keep happening.
As we saw in the price action of HIVE on the weekend, it went up more than 25% proving the attention on the project. This bull market will be truly exceptional for the strong projects 😎
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