BTC in Expectation The Library of Congress reports that, as of November 2023, nine countries have fully banned bitcoin use, and a further forty-two have implicitly banned it. A few governments have used bitcoin in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russian invasion. Iran has used bitcoin to bypass sanctions. Bitcoin has been described as an economic bubble by at least eight recipients in some capacity. El Salvador has adopted Bitcoin as legal tender, although use by merchants remains low. Ukraine has accepted cryptocurrency donations to fund the resistance to the 2022 Russian invasion. Iran has used bitcoin to bypass sanctions. Bitcoin has been described as an economic bubble by at least eight recipients.
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