As of November 2023, El Salvador and the Central African Republic are the only two nations that adopt Bitcoin under their jurisdictions. Germany could be next to make Bitcoin legal.
Challenging Central Bank Control
German politician Joana Cotar, who is also a member of the Bundestag, a German federal parliament, advocated for Bitcoin adoption in the country while expressing concerns over digital euro.
In an exclusive interview with Cointelegraph, Cotar spoke out against the development of a digital euro, or central bank digital currency (CBDC), arguing that it would lead to widespread surveillance and privacy violations.
The federal member is concerned that the digital euro would make it easier for the government to track and monitor people’s spending. She believes “anyone who is against surveillance and for freedom does not need a digital euro.”
Cotar noted the Chinese social credit system as a remarkable example…
