El Salvador’s acceptance of Bitcoin as the official currency fell like a bombshell on the world agenda. Now it is alleged that a second country is in the queue.
Another country after El Salvador!
El Salvador’s parliament recognized Bitcoin as its official currency. Thus, for the first time in the world, a country will start using Bitcoin as its official currency. Thus, the debate over whether Bitcoin is a value accumulation tool or not has ended.
El Salvador has opened a door, maybe many more countries will start to accept Bitcoin as a currency.The second country, allegedly, is the Kingdom of Tonga. This small Pacific island nation is also preparing to adopt Bitcoin as its official currency or reserve currency.
Lord Fuditua, one of the Tongan senators, was allegedly speaking to Zap’s CEO and Bitcoin investor Jak Malles , and they were considering buying $750 million worth of Bitcoin as a reserve.
Below we see Lord Fuditua’s twitter profile. It is noteworthy that the senator changed his profile photo like Bitcoin maximalists.
Exclusive information about the Pacific island nation Kingdom of Tonga!
Population: 100 thousand
Nationality: 97% Tongan
Language: 77% English and Tongan
Religion: 64% Protestant
GDP: $0.667 Billion
GDP Per Capita: $6383
Major industries: Tourism, Construction and Fishing