We already knew El Salvador. Not really often in the news because countries really didn't like that, especially the banks, but El Salvador is using Bitcoin as a currency already and they motivated their citizens getting some Bitcoin with a bonus of $30 which equals 8% of the average monthly salary. 2 million out of 6.5 million people there already own Chivo, their nations Bitcoin wallet. They even plan to build a Bitcoin City. And the man who started it all is Nayib Bukele, their 40 year old President. And that guy has balls. Because with buying the dip all the time, he still risked to get his country even more bankrupt then it already is. If it went wrong, the consequences would be enormous. He made thankfully the right call and I believe El Salvador will once become a first world country. And I mean, the guy is just a real boss. He is the very beginning of the 2022 bull run. Why? He set a new trend.

(Peter David Schiff is an American stock broker, financial commentator, and radio personality. He is CEO and chief global strategist of Euro Pacific Capital Inc., a broker-dealer based in Westport, Connecticut. - Wikipedia) So you can kinda imagine that this is not the only shit that Nayib gets from Fiat lovers. He gets criticized all the time.

Because after Nayib Bukele, Turkiye with a heavily inflating Lira made some new steps too. Erdogan made some very good connections with El Salvador, and looking at history this is pretty special. Turkiye is even helping El Salvador putting up a satellite. Since the fall of the Lira, the usage of Crypto in Turkiye elevenfolded. Thats 11x as much then as it was.

“There is currently no clear regulator governing all the crypto-related developments in Turkey. President Erdoğan said the legislation regarding crypto assets is ready for the parliament (TBMM), but there’s no definitive date yet.” - Kahraman

But we will see some major improvements over there this year.

Next is India, decided to stop banning Crypto. Unfortenately they are going to tax Crypto income by 30%. Bummer, but still progress. The government there is going to treat Crypto gains as gains from gambling as example. They are careful because they believe Crypto will harm their countries macroeconomics and financial stability. With the rupee (their fiat) they have insight and control over who can access their markets. And Crypto, yes we all know, are designed to be more freely traded and anonymous.

Last but not least (for now) is the one and only

While being in the background all the time with banning, making mining forbidden, being negative. This KGB Ninja was in the background buying 200 billion of crypto currencies. That is 200.000.000.000. 12% of total value in Crypto Currencies out there. And now they are talking about moving to recognize Bitcoin as a form of currency! They are speaking now of the bad sides of banning it, fraude, a shadow side of the economy, destabilization. Blah blah. They have been covering theirselves to buy enough crypto before the other countries did. Just to get a headstart.

“The establishment of rules for the circulation of cryptocurrencies and control measures will minimize the threat to the stability of the financial system and reduce the use of cryptocurrencies for illegal purposes since a complete ban on the segment of operations related to their circulation is impossible.”

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Here is my opinion. What I expect to happen. I used to believe the European goal to get rid of cash money and going fully digital in 2030 was a bit early for that. People don't adapt that quick. But since the developments from the 4 countries I mentioned, there is going to be a race to own the most Crypto. Especially Bitcoin and Ethereum. It will be in the news more and more, marketing for Crypto Exchanges will grow and we will see more and more countries taking positive steps toward more influence of Crypto in their country. And whoever does NOT follow the trend on, will fall behind. 2nd and 3rd world countries will get a chance to grow where 1st world countries may fall behind. Things are shifting and changing. And 2022 is going to be the foundation.

This bullrun is far from over people. The market just went down for countries to join in. Nayib's expectations for 2022 were that at least 2 other countries are going to use Bitcoin as legal tender in 2022. And it is happening, it will be more than 2 and things are about to get crazy.

Buckle up Buckaroos! The end of Fiat is near and it will happen sooner than we think.