LATIN AMERICA GDP is equivalent to JAPAN ( $5 TRILLION GDP )Why Latin Countries are so attracted to Bitcoin and wants to make Bitcoin their legal tender ???
Majority of Latin Countries ( Emerging Market ) have very WEAK CURRENCIES... their money can go from SOMETHING to NOTHING just overnight. That's why BITCOIN are so attractive to many latin countries. Bitcoin are good for tourism, good for remittance, and most of important of all a good store of value long term.
How many times latin countries faces Bankruptcy, and Hyper Inflation ??
The answer is TOO MANY TIMES
El Salvador adopting Bitcoin and making a legal tender = " FLOODGATE IS OPENED "
Expect to see more latin countries sending a bill to their government to get Bitcoin Adoption this year. What you see right now in El Salvador is only the beginning.