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El Salvador's adoption of Bitcoin as legal tender could potentially have a significant impact on global cryptocurrency adoption. By setting an example and showing that a country can recognize and use Bitcoin as a legal form of payment, it could encourage other countries to adopt cryptocurrency as well. Additionally, this could also lead to more businesses and individuals adopting cryptocurrency, since it could be seen as a legitimate form of payment. Ultimately, it could be a major step forward in the widespread adoption of cryptocurrency on a global scale.
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Mar 25, 2023