Crypto world MELTING! Bitcoin Cash, HOLDING ON it's Conference: LEGAL TENDER BY 2023 in St Kitts
As the crypto world is ravaged by the daydream of the FTX scandal that took millions of dollars in customer assets, Bitcoin Cash shines at the conference in St Kitts and Nevis where a large handful of enthusiasts gather to celebrate.
The Bitcoin Cash community celebrates the Bitcoin Cash Conference 2022 with a select range of panelists who are committed to working towards the development and adoption of Bitcoin Cash around the world.
It is in this path of ideas that the ceremony takes place in the beauty of St Kitts, a paradise territory with beaches that will make the mouth water for anyone who visits the insular place where figures such as John Nieri, Roger Ver, Ryan Giffin or even Bitcoin Jason and others debate the present and future of Bitcoin Cash.
One of the highlights that took place on Saturday, the first day of the conference, was Prime Minister Terrance Drew of St Kitts and Nevis taking the conference stage to announce that the country is exploring the possibility of mining Bitcoin Cash and also introducing the currency as legal tender in March of 2023.
Image source Satoshi Angels Twitter thread
It is a great announcement for the island territory because it will have the possibility to use a decentralized currency for the acquisition of goods and services recognized by the state.
And not only that, it will also increase the adoption of Bitcoin Cash in other territories of the Caribbean, since it can reach many more people if we count on the possibility that other territories of the archipelago also show interest in adopting Bitcoin Cash, going from the current number of users to a total of 44 million people that make up the whole Caribbean.
Another major highlight of the summit held in St Kitts so far was the announcement by Zapit_io that the UPI payment network for Bitcoin Cash will be settled to INR (Indian Rupee) to avoid volatility to grab 60 million vendors and be able to integrate in any BCH wallet!
This announcement caused the entire audience attending in the conference to stand up and give huge applause and ovation. This integration is an asset to the Indian people as it will make more people use and even more adopt Bitcoin Cash for payments for products and services in an easy and dynamic way.
KimDotcom reacts to Bitcoin Cash announcement as legal tender in St Kitts and Nevis
" KimDotcom says that by making Bitcoin Cash legal tender in St Kitts and Nevis in March 2023, it will be a huge step for BCH as no nation can outlaw the currencies of other nations, not only, it is opening up space for mass use of Bitcoin Cash as well as introducing new apps as a next step".
This reaction is so far the most scintillating in the Bitcoin Cash ecosystem leading to believe that it is a step in the right direction and that the notoriety, adoption as well as launch of new applications will be crucial for the development and massive use of the currency in the near future.
Today, the 13th of November, the conference continues and can be followed directly on YouTube and see all the incidents of the Bitcoin Cash Conference 2022 in loco;
Bitcoin Cash is well positioned to become the next big market sensation, many only see the price first but forget to check out the development behind the coin. It has evolved a lot in recent years with a range of software devs, investors and the general public creating an ecosystem for the coin to have the development and recognition it deserves.
It's only a matter of time before the world outside of this reality starts to see it too!
Bitcoin Cash works.
Also check out my other articles and don't forget to follow the conference live:
Finally - the BIGGEST FESTIVE EVENT OF THE YEAR IS HERE: Bitcoin Cash Conference 2022
A Little Update on my house building using Bitcoin Cash: focus on the electrical part
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Hows your house brother? If BCH will be a legal tender, no doubt it's a great option now for othet e-wallet and transact with it.
The country is exploring the possibility of mining Bitcoin Cash and also introducing the currency as legal tender in March of 2023...