❌Adopting Bitcoin as a legal currency in Syria currently.
✅Adopting Bitcoin as a legal currency according to future legal regulations in Syria, yes, this is possible, but we first need to lift the sanctions, and there are sanctions on Syria that have not been lifted yet for trading digital currencies.
❌Starting Bitcoin mining in Syria is currently considered a violation, and the government has the power to confiscate because this will widen the crack of the current electricity crisis, and if there is reliance on alternative energy, this is considered illegal without regulatory laws for mining in Syria.
✅In the future, it is possible to issue regulatory laws to allow Bitcoin mining in Syria, and this will be exclusively through private alternative energy, either wind turbines or solar cells, and through companies in which citizens can own shares.
✅Digitizing the Syrian currency via one of the blockchains is very possible, and I recommend the xlm blockchain, following the positive Ukrainian experience.
Also, the $tel currency network for exchanging money within its telcoin application, if an agreement is reached to provide this service, and this is conditional on lifting the sanctions.
💚In short, there will be no mining or trading of digital currencies in Syria without lifting sanctions
🧡There will be no authority to adopt Bitcoin as a legal currency without strict regulatory laws in Syria that are compatible with international laws.
$BTC #تابعني_حتي_يصلك_كل_جديد