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This Country Could Be the Next to Adopt Bitcoin as Legal Tender

This Country Could Be the Next to Adopt Bitcoin as Legal Tender

CryptodnesCryptodnes2024/11/27 03:44
By:Cryptodnes

A growing number of countries are considering adopting Bitcoin as legal tender, following El Salvador's lead in leveraging cryptocurrency to reshape their economies.

Maya Parbhoe, a presidential candidate in Suriname, has outlined a bold vision for her country’s future, drawing inspiration from El Salvador’s Bitcoin strategy.

If she wins the upcoming 2025 elections, Parbhoe plans to make Bitcoin the official currency, replacing the Suriname dollar with BTC and paying all salaries in Bitcoin within her first year in office. She also intends to introduce Bitcoin-backed bonds and eliminate the central bank, privatize public services, and drastically cut taxes to foster economic growth and reduce government corruption.

Having been involved in the Bitcoin community for nearly a decade, Parbhoe is deeply committed to crypto and sees it as the key to building a transparent and accountable financial system. She was first introduced to Bitcoin in 2014, joining a Telegram group called Whale Pool and attending several crypto conferences.

READ MORE:
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Her long-standing passion for Bitcoin has driven her to dedicate her life to promoting it as a solution to Suriname’s financial issues.

Parbhoe is inspired by El Salvador’s success under President Nayib Bukele, particularly the way Bitcoin helped bring transparency to the country’s finances and combat corruption. She believes that adopting similar Bitcoin strategies in Suriname will not only combat the country’s systemic corruption but also boost its economic independence and resilience

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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