Bitcoin Adoption By Another Nation? Polymarket Shows 75% Odds Of New Country Following El Salvador’s Path In 2025
Posted On January 3, 2025
Bettors on the cryptocurrency-based prediction market Polymarket eyed a strong possibility that a new country would switch to the “Bitcoin (CRYPTO: BTC) Standard” this year.
What happened: A new contract titled, “Will a new country buy Bitcoin in 2025?” went live on the Polygon (CRYPTO: POL)-based platform on New Year’s Day, with odds in favor jumping past 75% as of this writing.
As per rules, the market will resolve to “Yes” if any sovereign U.N. member buys the apex cryptocurrency for the first time before Dec. 31. As of this writing, over $40,000 has been wagered on this bet.
Polymarket’s official X handle posted the contract with the caption, “Who will follow in Nayib Bukele’s footsteps?” referring to the pioneering Bitcoin …