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10 sats \ 2 replies \ @SwapMarket 20h \ parent \ on: Is Japan the top Major Country in terms of prospective bitcoin adoption? bitcoin
Haha, it says Russia is #10, including #8 in retail, but it is completely illegal to pay with crypto for goods and services, and literally no one dares to accept it.
Nearly all autocracies have explicitly banned MoE use of Bitcoin.
Am not aware of any that haven't.
A law banning MoE use was and I believe still is effectively in force in Thailand yet in Thailand I found a number of businesses accepting Bitcoin regardless of the ban.
(There has recently been some sandbox exceptions made in tourist hotspots but even there the merchant cannot receive Bitcoin- it is converted before the merchants receive, into fiat/baht.)
But the businesses I found were not working within these sandboxes but instead simply ignoring the law.
Some Thai businesses thus appear to demonstrate more courage (and perhaps ability to pay off local officials) than many western businesses who can technically and legally accept BTC - but cant be bothered.
We in the west take for granted our relative freedoms while those living under autocracies like Russia and Thailand may not be so complacent.
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There's gotta be some reason for that Russia ranking, but the part they put out doesn't even explain how that bit of the ranking is figured out.
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