Bad Things Spread Like Wildfire

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Development is taking balls on age that no matter what the authorities may project, the atmosphere would just not favour it enough to restrict crypto from materializing it's purpose.

There's been lots of bitcoin talks in the past, a lot about how it's a shitload, not nature friendly and certainly not power efficient. It's a funny game theory that this system works just enough to fool people to think it wouldn't work, so they spreads FUD, and each conversation picked up from there helps it reach more people and with more people comes conspiracy topics and this only births truth through research!

Crypto is a wildfire and as one, it spreads uncontrollably. Lots of all the bitcoin hate speech has actually helped it scale to what it is today, and this is exactly what will push the security of decentralised finance and the situations built around it.

Considering that DEFI hacks has been a talk of war with quite a lot of twisted theories and wrongly painted images,the fudsters have failed to understand that there's a reason why gossip spreads faster than anything else, what looks to be false travels the air like it were air.

Bad Things Spread Like Wildfire

Oh no, did an unpopular country become so attractive? Then people wonder why it's difficult for authorities to boundlessly choke it's citizens, no one wants to lose a working population to such an unknown country. Because to be fair, I never knew such a name in the history of countries and believe me I know a lot to make 50 the least.

^{El Salvador’s adoption of Bitcoin (BTC) as legal tender in September 2021 has triggered a notable surge not only for its gross domestic product (GDP) but also for the local tourism development.
According to Salvadoran Tourism Minister Morena Valdez, the tourism industry in El Salvador has surged more than 30% since the adoption of the Bitcoin law in September 2021.
“We did a poll to check the activity according to the before and after of Bitcoin. The tourism sector increased in November and December. This increased by more than 30%,” Valdez said in an interview with the local news agency El Salvador News English on Monday.}

Why is this happening?

There's a couple of reasons, but regardless of what views lead the chart, it generally benefits the nation and that is clearly observed with the healthy economy it has recorded since then.

The surge in tourism is as a result of bitcoin adoption, people are eager to test out a system flexible enough to experiment with such digital assets, and with a nation promoting freedom with its support towards a bankless economy, it's only inevitable to see businesses move rapidly as power is restored to people.

^{Valdez noted that El Salvador’s Bitcoin adoption has also impacted the flow of tourist visits, increasing the number of tourists coming from the United States. Prior to the Bitcoin law enactment, the majority of visitors was coming from neighboring countries in the Central American isthmus. Now, as many as 60% of tourists come from the United States, she said.
The minister added that El Salvador’s tourism growth has exceeded the government’s expectations, reaching 1.4 million visitors instead of 1.1 million tourists.
“We had projected $800,000 in foreign exchange but we obtained more than $1,400 million of income in foreign currency,” Valdez stated.}

Coupled with this, Nayib Bukele has noted that El Salvador has never had a double digit GDP growth before 2021, so this was definitely a big one.

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Who else loves this Idea?

Make welcome Mexico?

^{In a recent visit to El Salvador, Senator Kempis of the state of Nuevo Leon witnessed the developing bitcoin ecosystem. She believes that El Salvador’s adoption of bitcoin as legal tender is a public experiment. She aims to help Mexico adopt the cryptocurrency as legal tender by proposing a new law to the Mexican Congress later this year. “We need bitcoin to be legal tender in Mexico because if it is not so if we do not make that decision as El Salvador did, it is very difficult to take action.” Her motivation for proposing this new law is the financial exclusion of many Mexicans. “It is clear to me that financial exclusion is one of the public problems that few of us have addressed with feasible alternatives.”}

Oh that was quick… Who wants that traffic coming out of the US, certainly many countries are hungry for it.

This is the nature of this developing system, tech companies see it, authorities see it, governments are afraid of it, naysayers are hungry to stop it, individuals speculate about it's existence, it poses as many things that it's formless and limitless by design. This is a wildfire and it's bound to spread across the universe. At least many currently in the system understand this, even though many don't and doubt, it's ok, till it gets close, then the heat will be felt…