Bitcoin Adoption in the West KYC – Bitcoin Magazine

This is an opinion editorial by Robert Hall, content creator and small business owner.

What is the most likely path to hyperbitcoinization? This is a question that has come up in my mind over and over again. Will it be a top-down implementation like we saw in El Salvador last year? As for world leaders, Nayib Bukele is the rare exception to the rule. Most world leaders think within a predefined box of fiduciary options.

Will adoption be more people-driven like in Nigeria, where Bitcoin was integral to the funding of the youth-led protest against the Special Anti-Theft Squad (SARS) in October 2020, after the bank accounts of many people were frozen? protesters?

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