- Reaction score
The founder of TRON has as his main objective that TRON (trx) be accepted as legal tender in at least 5 countries this year. In a Twitter thread, Sun said that while the goal is "ambitious" he is confident it can become a reality.
In a separate Twitter thread, Justin Sun said it's important to look beyond the U.S. for TRON to be adopted as legal tender. He wrote:
"The United States is just one country, and while it may be a major player in the world of cryptocurrencies, it is not the only one."
Sun has acknowledged the importance of crypto regulations in the U.S. and said that, if the rest of the world adopts TRON as legal tender, The U.S. will eventually do the same. He also said it is important to work on a global scale and create partnerships with governments and companies around the world.
According to Sun, the adoption of TRX as legal tender in all countries will increase the "legitimacy and use" of the cryptocurrency wrote the following:
"When a government recognizes a digital currency as legal tender, it gives a sense of confidence and security to the general public, which makes it more likely that you will invest and use it."
In addition, TRX being a legal tender would become a valid medium of exchange in any country and this would encourage more companies to start accepting TRX as a means of payment which in turn would boost the use of cryptocurrency, explained Justin Sun.